Gifts that Cost You Nothing Now

Gifts that cost you nothing now

Did you know that most legacy gifts cost you nothing now? There is no immediate contribution required to create a personal legacy of providing vital support and services for people living with multiple sclerosis for years to come.

Once your loved ones are provided for, we hope you’ll consider including a gift in your Will or trust, or by beneficiary nomination for Multiple Sclerosis Limited.

Please let us know if you’ve included a gift for Multiple Sclerosis Limited in your Will or trust or by beneficiary designation. Providing us with documentation is the best way to ensure that your gift is used in the way you intend and we can better plan for the future.

A gift in your Will is one of the easiest ways to empower people living with multiple sclerosis to meet the challenges of this disease now and for years to come. Your gift will provide them with the best long-term options and the best life outcomes.

Here are the ways that most of our supporters create this gift:

  • A residual gift in a Will leaves Multiple Sclerosis Limited the remainder of your estate after other bequests, debts, and taxes have been fulfilled.
  • A specific gift in a Will leaves Multiple Sclerosis Limited a specific dollar amount or stated percentage of your estate or a specific gift in kind, such as collections, art, books, and jewellery.
  • A family first gift in a Will leaves Multiple Sclerosis Limited a stated share of your estate, only if a spouse, family member, or other beneficiary does not survive you.
  • A contingent property-use gift in a Will allows for a person to continue to reside in the property during their lifetime. This is also known as a testamentary gift.
  • A life interest gift in a Will allows for a spouse or other person to use your real estate property and receive any or all income derived from it during their lifetime. When they pass, the title in the real estate property can then be given to Multiple Sclerosis Limited.

View Sample Language for Your Will or Trust

A gift by beneficiary nomination is one of the easiest gifts to make because it doesn’t require an estate plan or a visit to a solicitor. You can change your beneficiaries at any time and for any reason. And this gift costs you nothing to give now. But even more important than all that, the impact you have for people living with multiple sclerosis goes on for years to come.

While most gifts need to pass through a Will, you can name Multiple Sclerosis Limited as a beneficiary of your superannuation fund residuals or insurance plan. It’s as simple as requesting a change of beneficiary form from your plan administrator and adding Multiple Sclerosis Limited as a full or partial beneficiary. Forms are often available online.

To name Multiple Sclerosis Limited as a beneficiary, contact the account institution to see whether a change of beneficiary form must be completed.

Private ancillary fund residuals: A private ancillary fund is a charitable trust that allows you to create your own personalised giving program. It is a private fund through which you make tax-deductible donations to support Multiple Sclerosis Limited, rather than making one-off donations. The donations you make are invested, managed, and distributed to support people with multiple sclerosis for years to come. The final distribution of contributions remaining in your private ancillary fund is governed by the contract you completed when you created your fund. We hope you will consider naming Multiple Sclerosis Limited as the successor for a portion of the account value, leaving the remaining portion for your heirs to continue your philanthropic legacy.

Please contact Laura Henschke, Gifts in Wills Manager, at 1800GIFTMS or futureplanning@ms.org.au if you have any questions.