Leaving a gift in your Will is a unique way of supporting Cottage by the Sea, without impacting on your present income or bank balance. It allows you to leave a legacy of money, property, shares or goods beyond your lifetime.
The amount you decide to leave can be as much or as little as you want, but the difference you can make in the lives of children attending Cottage by the Sea will be forever.
The difference your gift makes
In 2012, the Board of Cottage by the Sea made a strategic decision to establish a Foundation following the receipt of several significant bequests. These generous gifts were carefully invested to protect and provide for the future security of the Cottage.
The annual interest earned (or part thereof) on the investment is used to support current activities. If you choose to support us in this way, your generous gift will keep on giving by providing the financial security for the Cottage to continue making a positive difference to the lives of disadvantaged and at-risk children for generations to come.
“I used to struggle working in teams and making friends. I have really benefited from the support and the new opportunities provided. It has not just been the physical activities I have enjoyed but the team building, learning to share, communication skills and learning to listen to others.”
(Hamish age 11, Take a Break Program participant 2018)
No matter how big or small, your gift is welcome and will make a difference to children’s lives. Even 1% of your estate could be a very generous gift. Here are some examples of how your gift could help the Cottage:
- $800 could pay for a fishing charter on Port Phillip Bay
- $1,000 would pay for playground mulch for the year
- $1,500 covers the cost of Surf lifesaving training for staff every year
- $8,000 could pay for a new set of wetsuits for the staff and children
- $23,000 covers the cost of a 4-day camp for 40 children
- $150,000 could purchase a new bus to transport children for years to come
What happens if you don’t have a Will?
If you pass away without having a Will your estate will be distributed according to the Administration and Probate Act that applies in your State or Territory. By having a Will drawn up your wishes for the distribution of your estate will be carried out.
Why update your will?
- Travelling overseas or going on an extended holiday?
- Experiencing a change of family circumstance eg marriage / separation / divorce/new baby?
- Mourning the death of a loved one?
- Suffering an illness, sickness or a health scare?
All of these are common reasons people update their Wills.
“I’ve changed a lot since doing this program. I used to be shy and not get heard. I have learnt my opinion is valued and that has given me more confidence to express my thoughts. I now have a wide variety of friends and talk to new people.”
(Abby, age 14, Mentor Program participant 2017)
Five simple steps to making a difference in a child’s life forever
Step 1: If you do not have a Will, you will need to contact a solicitor about creating one.
Step 2: If you already have a Will, then all you need to do is add a codicil – a short legal amendment to your existing Will. Thankfully, this is neither difficult nor expensive.
Step 3: Decide on what type of gift you would like to leave.
Step 4: Discuss your wishes with your family to ensure that the reasons for your decision are understood. Wills can often be contested so it is important the right steps are in place.
Step 5: Notify Cottage by the Sea regarding your intentions so we can recognise you accordingly. We will always respect your confidentiality and privacy.
CONTACT COTTAGE BY THE SEA
Please contact us to discuss any questions regarding making a life-changing gift.
Cottage by the Sea
Ph: 0409 535 863