By including the Australian Koala Foundation in your Will, you will be contributing greatly to preserve Australia’s wild places for all the animals who rely on the bush to live.
How to Make a Will
To be legally valid, Wills must comply with certain legal requirements. For this reason we recommend that legal advice is sought. Most Public Trustees and solicitors can prepare your Will free or for a small charge.
If there is no Will, an estate will be allocated according to a formula under state laws, and if there is no next of kin your estate will go to the State Government.
If you already have a Will you can simply add a supplement to the Will which sets out your instructions for a bequest.
Common Forms of Bequests
A residual bequest :
After making provision for family and friends you can choose to leave what’s left (the residue).
Some people decide to share their estate among a number of people and allocate a percentage to beneficiaries. This overcomes the need to review your Will regularly to take account of changes in your estate or to compensate for inflation.
Gifts of property :
Artwork, stocks, bonds, shares, insurance policies, jewelry, antiques, a home or a farm can also be gifted in your Will.
We were gifted the Koala collection of Karen Morse (Wantagh, New York, USA) in 2006, and have been honoured to look after it since then. We would like to thank Jordan & Alida, and their mother Mrs Pearl Camp, for entrusting Karen’s collection of over 200 pieces to us. Karen’s koalas are displayed in our office for all to enjoy.
Quinlan’s is a 40 hectare property of Australian bush, at Gheerulla near Kenilworth inland from the Queensland Sunshine Coast. The property was named in honour of the couple, Peter and Julanne Quinlan, who bequeathed it to the AKF. The AKF took on the ambitious task of establishing Quinlan’s as a one-off bushland showplace asset that embodies the AKF values. Learn more about Quinlan’s here.
A specified cash sum :
You may specify an amount of cash as a common form of bequest though it is preferable to allocate your estate by one of the above methods.
A suggested wording for your Will is as follows:
“I give, devise and bequeath to the Australian Koala Foundation… (insert here the percentage of the estate or other details) to be used for the general purposes of the Foundation free of all duties both Federal and State. The receipt of the Secretary or other proper officer of the said Foundation shall be sufficient discharge to my trustees”.
Review Your Will
It is recommended that you review your Will every few years to take account of changes in your family, the nature and value of your property or how you would like to allocate your estate. For example, if you marry, your existing Will becomes invalid.
If you would like to speak to somebody about making your bequest, please contact:
Australian Koala Foundation
GPO Box 2659 Brisbane Qld 4001
Ph: (07) 3229 7233