Bequest – Emmy Monash

Bequest and Estate Planning

Bequests are one’s gift to future generations; your children, grandchildren and to the organisations that mean the most to you – a true Mitzvah

Many families set aside 10% of their estate to give to religious, healthcare, educational and/or charitable causes such as Emmy Monash. At the end of life, this 10% can
account to a significant gift to the Emmy Monash Foundation with 90% of the remaining assets going to family and friends.

This bequest gift to the Emmy Monash Foundation is a statement of your values and kindness to others, people you have not met and beneficiaries not even born at the time of the gift. The Founders of Emmy Monash may not have imagined their own children and grandchildren being the beneficiaries of their dedicated service 80 later. Yet in 2024, that is exactly the case, many residents are younger than the organisation itself and soon that will be exclusively the case. It is in this spirit that we demonstrate the value of the Emmy Monash Foundation endowment.

The Emmy Monash Foundation endowment is invested in perpetuity so you can feel confident that the care you know to be provided by Emmy Monash will continue.

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Often individuals make decisions years, and even decades, before their life expectancy. Typically, at around age 65, a plan is developed for end-of-life financial decisions, knowing that an individual has a possible 20 or 30 years left. There is a comfort in planning for both the individual and his/her family, it is not about the sadness of one’s mortality. It is about peace of mind. We all face the inevitable. Making decisions whilst we are young and healthy enables us to take time and complete the due diligence required. The Emmy Monash Foundation understands this and can help.

Emmy Monash is the leading Jewish aged care facility in Melbourne and has been for
over 80 years. Our Founders thought ahead, they understood that the needs of Jewish aged care were not guaranteed by government schemes, then or in the future. This foresight enabled thousands of people a safe and home-like experience in their final years. It is the same foresight that the Emmy Monash Foundation carries into its mission.

Emmy Monash is the leading Jewish aged care facility in Melbourne and has been for over 80 years. Our Founders thought ahead, they understood that the needs of Jewish aged care were not guaranteed by government schemes, then or in the future

Emmy Monash Foundation Executive Manager Philanthropy Andrea Morris has decades of experience helping donors on Gift and Estate Planning, even working with other charitable organisations, financial advisors and family members. A transparent and visionary process enables donors’ values and desired impacts to be achieved. We encourage all donors to review their individual circumstances with a solicitor and/or financial advisor. When ready, Emmy Monash can provide specific options and language that can make the process simple and straightforward whilst working directly with you and your financial team.

A bequest gift to the Emmy Monash Foundation can be in many different forms, including but not limited to:

A lump sum expressed as a dollar amount or as a percentage of an estate or the residual* of an estate
Annual distributions from a Trust
Putting the Emmy Monash Foundation as a beneficiary of a superannuation remainder or other savings vehicle.
Donating items of value such as real estate, appreciated shares and/or an art collection to Emmy Monash
Adding a provision that if any named beneficiary cannot accept a bequest, then Emmy Monash will benefit

Contact

Andrea Morris, Executive Manager Philanthropy
Phone: (03) 8508 9300
Email: andream@emmymonash.asn.au

The term residue* refers to the remainder of your estate after bequests have been distributed to others named in your will.
Emmy Monash encourages prospective donors to seek or obtain their own independent legal and/or accounting advice in relation to any gift or bequest made.