One sentence in your will can change a child’s life forever
Change the world
Leave a Legacy
When you plan your will, you have a wonderful opportunity to make a dream come true for a child born with cleft lip or cleft palate.
Simply by including a bequest to Operation Smile South Africa, you can literally leave these little ones smiling. And the smiles you give last a lifetime … completely changing the course of a child’s life and future.
How wonderful it is to know that the world will be a better place because you lived … and left behind this legacy of love.
Contrary to what you might think, you don’t have to be wealthy to include a legacy gift in your will. And it costs you absolutely nothing right now! After making provision for your loved ones, you may like to consider one of the options below.
Specific sum of money or item
This is the simplest type of legacy. But it makes no allowance for the effects of inflation or changes in the value of your estate.
So, you need to review your will regularly to make sure you are not giving away items you no longer own. And that your legacy gift doesn’t affect what family members inherit.
This ensures a fair distribution amongst all your beneficiaries, regardless of any changes in the value of your estate.
For example, if you have two children you want to make provision for, you could leave them each 45% of your estate, and bequeth the remaining 10% to Operation Smile South Africa.
The residue is what is left over after funeral expenses, taxes and other bequests have been paid.
You can leave the entire residue to a single beneficiary, or divide it among several on a percentage basis.
Sometimes we take out life insurance to cover eventualities such as outstanding bond costs or our children’s education. As time passes, the need for this cover may end.
You can cede such a policy to Operation Smile South Africa. Or even take out a new policy, naming us as the beneficiary.
Charitable bequests are exempt from tax and can help reduce estate duty, as they are deducted from the value of your estate before tax is calculated.