Your Will can support your community forever
Writing your Will is one of the few moments in life when you can choose to commit to giving significant financial support to the things you really care about in your community and across the world. Your decisions about what will happen to your money and assets after you are gone are an opportunity to make a real difference.
That’s the central proposition of The Bequest Report, newly published by financial advisors JBWere New Zealand.
Their research points to a curious anomaly of Kiwis’ generosity – our giving to charities over our lifetimes is relatively high by international standards, and yet the number of charitable ‘gifts in Wills’ is quite low here, when compared to bequest rates in equivalent countries.
This matters, because with the Baby Boomers beginning to pass away, the Western world is at the start of the largest-ever inter-generational transfer of wealth.
The Bequest Report is therefore intended to be a ‘call to action’, for all New Zealanders to leave a portion of their estates to charitable organisations, so that our society as a whole benefits from this moment in history.
What are the key researched facts in the Report that confirm this development?
‘Huge potential’ for Te Rapa Racecourse site if sale goes ahead
If the races gallop off to Tamahere, “exciting things” could happen with the sizeable city site they leave behind, property experts say.
On Tuesday, the Waikato Times revealed Waikato Thoroughbred Racing’s (WTR) plans to buy 150ha of farmland south of Hamilton to house the region’s three racing clubs at a new purpose-built racecourse and event centre.
Police apologise to rest home alleged theft victim after failing to act
Police have apologised to a pensioner who caught a carer-turned-crook allegedly stealing cash, admitting there was more they could have done.
The about-face comes after the Waikato Times revealed the plight of rest home resident Lisa Allen, who set up a hidden-camera, capturing footage that appeared to show the caregiver opening her handbag and taking out a $50 note while the room was unattended.
Poll: When do you shop the sales?
Bargain hunters made the most of Boxing Day sales at Centre Place and The Base in Hamilton on Friday.
However, a marketing expert believes Boxing Day sales, long a staple of Kiwi life post-Christmas, is on the outer as Black Friday becomes more popular.
When do you shop the sales? Tell us more in the comments (adding NFP if you don't want your words used in print).
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27.3% Black Friday
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4.5% Boxing Day
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68.2% I don't
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