Making a bequest is an extraordinary act of generosity. By making a bequest to the Royal Historical Society of Victoria you can support the development and nurturing of current and future historians and ensure our collection continues to grow and to be accessible. As custodians of this important collection, we have a responsibility to maintain its legacy.
We are happy to discuss with you any special areas of interest. Your bequest can be untied or it will be used solely for your nominated purpose. A bequest acknowledges the important role that the RHSV has played in your life. Your gift will, in turn, enrich the lives of others. A bequest to the RHSV enables you to make a contribution that you may not have been able to, during your lifetime. The Society has had wonderful bequests in the past that have allowed it make its collections accessible to all through digitising the Pioneer Records and indexing the on-line Victorian History Journals as well as restoring original artworks and building a new website.
If you make the decision to leave the RHSV a gift in your Will there is no obligation to notify the RHSV, however, we’d love it if you did, so that we can keep you in touch with the work that we do. The RHSV acknowledges those who have made a notified bequest to the Society through the RHSV Foundation. Others may wish to remain anonymous and the Society respects these wishes.
There are several gifts that you might consider leaving to the RHSV
A share of your estate
Known as a ‘residual bequest’, it is a percentage of what remains of your estate after all other gifts and expenses have been paid. One of the advantages of this gift is that it won’t be affected by inflation as its value will change in line with the value of your estate. This means you’re less likely to need to amend it in the future.
A specific sum
This is a gift of a specified dollar amount. It is worth remembering that the effects of inflation may reduce the value of this kind of gift.
A specific item
It could be something valuable such as an antique, painting, property, shares or an insurance policy.
A reversionary gift
This gift allows you to leave your estate to your loved ones while they are living, but after they pass away the share you intended for the RHSV will pass to us.
Amending an existing will?
Of course, you may already have made a Will. You can add the RHSV by completing a codicil and sending it to your solicitor. A codicil is a document on which changes or additions are made to an existing Will and must be read in conjunction with it.
How to word your will
We strongly recommend that you seek professional advice from your solicitor or financial adviser in arranging a bequest.
To include a gift to the RHSV in your Will all you need to do is to provide your solicitor our full legal name (Royal Historical Society of Victoria Inc) and registered Australian Business Number (36 520 675 471).
The following wording may be used as a guide:
‘I bequeath, free of all duties the residue or (percentage) % of the residue of my estate; or the sum of $(amount); or (specified items) to the Royal Historical Society of Victoria Inc (36 520 675 471), in aid of that charity and for its general purposes, with the written acknowledgement of Royal Historical Society of Victoria Inc to be accepted by my executors as a full and complete discharge.’
If you have any questions about leaving a gift in your Will to the Royal Historical Society of Victoria, please contact your solicitor or our Executive Officer on (03) 9326 9288 or email@example.com.