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?
From rugged campsite to 7.5ha resort
Grant Kilby has always loved camping. His mum was director of health at the YMCA, and he would attend YMCA camps in the school holidays. “I think it was mandatory that I was there,” he jokes.
He went on camping holidays with his parents, and later, took his own kids.
“Camping’s been in my blood.”
Poll: Is it ok to regift something that you have been given?
🎁 Holiday Gift Chat!
Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?
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78.7% Yes! It's better to regift what I don't need
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21.3% No. It's the thought and effort that matters
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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0% Black Friday
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0% Boxing Day
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100% I don't
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