Leave a lasting legacy
Are you wanting to ensure your Will reflects the passions which have shaped your life?
By leaving a gift to La Trobe in your Will you’ll be supporting bright minds, ground-breaking research and world-class learning environments. Your legacy will ensure the values La Trobe was founded on will continue well into the future.
If you are considering a gift to La Trobe in your Will, we encourage you to seek further legal advice. Your solicitor will help you word your gift in a way that ensures that your Executors are able to effectively carry out your wishes.
We also recommend that you discuss your intentions with your family and loved ones.
For more information, examples of suggested wording or to notify us of a gift in your Will so we may thank you during your lifetime please contact Rebecca Passlow, Development Manager Bequests on 03 9479 6451, by email email@example.com or complete our Gifts in Wills online enquiry form.
Your step by step approach to leaving a gift in your Will to La Trobe University
Step 1: Speak with us
We understand making a provision for a gift in your Will to La Trobe will be a personal and carefully considered decision. It is for this reason we welcome the opportunity to discuss your interests and invite you to engage with our students, researchers and academics to explore together the best way to deliver your desired impact – your legacy.
Step 2: Choose a focal area to suit your desired impact
Many of our supporters choose to structure gifts in their Will to support our core focal areas, the cornerstones of the La Trobe mission which represent opportunities for facilitating the pursuit of excellence and world leading research well into the future.
Option A: Area of greatest impact (General purposes)
A gift in your Will toward La Trobe University general purposes is the most effective way in which you can help advance the area of student access, bold research and world-class learning environments. Your gift will be distributed to the area identified as having the greatest impact at the time it is received.
Option B: Support access to education
At La Trobe, we take our responsibility to attract the best and brightest students from all social backgrounds seriously. A gift in your Will toward access to education facilitates the granting of scholarships, bursaries or prizes to students or prospective students that may demonstrate excellence, be pursuing post graduate studies, or face difficulties in gaining access to education due to geographic or socioeconomic barriers.
Option C. Facilitate bold research
Our mission at La Trobe is to lead the way in developing creative and innovative responses to the fundamental challenges facing the world today. A gift in your Will to facilitate advancements in La Trobe’s Research Focal areas can accelerate outcomes that are of national and global significance.
Step 3: Discuss the structure of your gift with your Legal advisor and loved ones
There are a number of ways you can structure the gift in your Will to La Trobe University to ensure, most importantly, that your loved ones are looked after first and foremost, while also providing the means to deliver the impact you’d like your legacy to achieve through your gift to La Trobe University.
We recommend you seek the professional advice of an independent legal advisor and consult with your loved ones when drafting your Will. This will help ensure your wishes are articulated clearly in your Will and that those wishes can be carried out as intended when your Will comes into effect.
Several options for structuring your gift are as follows:
1) A residual gift
A residual gift can be all, or a portion of what is left over in your estate after specific gifts, debts, funeral expenses and estate administration have been accounted for. Residual gifts are a way in which you can ensure your intended gift retains its value over time while ensuring your loved ones are also provided for as you wish.
2) Whole or part of your estate
You can leave your entire estate, or a portion of it to La Trobe University
3) A specific gift
You can leave any identifiable property as a gift in your Will to La Trobe University. A specific gift may include for example, a specific sum of money, shareholdings, artwork or real estate.
Step 4: Obtain a copy of our suggested wording
It is important that the purpose of your gift is well articulated in your Will so we can ensure your gift can be distributed and expended as you wish, in a timely fashion.
While La Trobe University is unable to offer legal advice or draft your Will, we can assist by providing suggested wording as guidance for you to further discuss with your independent legal advisor. We also highly recommend you discuss your wishes with your family and loved ones to ensure your wishes are understood and upheld when your Will comes into effect.
Step 5: Letting us know
While we understand your Will and associated financial affairs are personal, it is extremely beneficial to let us know in writing that you have finalised a gift in your Will to La Trobe and for what purpose that gift is intended.
Firstly, and most importantly, this means we can thank you for your generosity in your lifetime. We can also keep you updated on the impact or progress we are making in the are of your interests so you get a tangible view of how your gift will accelerate or advance those outcomes in the future.
Letting us know, also gives you the opportunity to engage with other likeminded individuals through our Chancellor’s Circle group . These events can also open opportunities to engage your broader family and friends on the impact your legacy sets out to achieve.
Our promise to you
Fulfilling your legacy is important to us which is why we offer our promise of transparency and confidentiality when discussing your wishes.
All funds donated through gifts in Wills are managed through the La Trobe University Foundation. The Foundation is governed by a sub-committee of University Council, Chaired by Deputy Chancellor Deb Radford, and invested funds managed by Russell Investment Group.
Every effort will be made to ensure your gift is deployed to the purpose you nominate in your Will. In the unlikely event that the University is unable to fulfil your stated wishes due to shifts or advances in future academic or research focal areas, we will work with your executors to discuss the most appropriate alternate way to fulfil the purpose of your gift. This may mean that your gift would be deployed to another area similar to your intended purpose, or if La Trobe is no longer delivering programs in the spirit of your intended purpose, we will seek to find an institution that does.