Donate to Aryan Benevolent Home

The will to help others

Leaving money to charity in one's Will is a long-standing tradition that has been of great benefit to mankind through the years. It's also one of the easiest ways to give – since you spend none of your money now. Only when you no longer need it, is it put to work to help others who may not have had the advantages in life that you have enjoyed.

What is a bequest?
A bequest is simply a gift in your Will – and may take the form of cash, real estate, motor vehicles or other valuable items.

Of course you should first make provision for your own family and friends in your Will but – especially if your children are grown up – you may also want to use the opportunity to 'give something back' in return for life's blessings.

Remembering your favourite charitable cause in your will is also a way you can continue caring for things that are important to you way beyond your own lifetime. It can also reduce the amount of estate duty payable on your estate when you die.

How to include a bequest in your Will
If you decide to include a bequest to ABH Council in your Will, you may find the following wording useful:

I give and bequeath the sum of R....... (or) .........% of my estate (or) the residue of my estate subject to the payment of my debts, funeral and testamentary expenses (or) ............ (specific item/s) to the Aryan Benevolent Home Council, and I futher direct that the receipt of their Treausrer or other proper officer shall be a full and sufficient discharge.

If you don't have a Will
If you don't have a Will, you should immediately arrange to have one drawn up by your bank, financial advisor or attorney. Since Wills and codicils need to be properly worded and witnessed, it is not advisable to attempt the task yourself. A professional can also advise on ways to save on taxes.

Even if you feel you have nothing of value to leave, if you die intestate (without a valid Will) it can take months, if not years, to tie up your affairs, during which time your family may suffer real hardship if bank accounts are frozen.

Making a Will should not be seen as a morbid task - but rather an important part of planning for the future and ensuring that your family and loved ones will be cared for and precious possessions distributed as you would want.

Types of bequest

A specific amount of money;

An item of property – e.g. house, motor vehicle, jewellery, furniture or artwork;

A percentage of the total assets – this ensures a fair distribution among your heirs regardless of the final value of your estate;

The Residue of your estate – either all or part of whatever is left over after all other bequests, taxes and payments have been made;

Proceeds of a Life Assurance policy may be ceded to another person or organisation in your Will – or you can take out a new policy with the organisation as the beneficiary.

If your assets are considerable, you might want to consider setting up a Trust to distribute funds over a period of time.

A registered welfare Organisation with branches in KZN, Western Cape and Gauteng, ABH helps the needy and indigent – including those who are physically or mentally disabled – regardless of age, race or religion.