The easiest and most cost-effective way to make a deferred gift to Odyssey House Victoria is to include us in your will. Each individual legacy contributes to our financial strength and independence and our ability to meet the growing need in our community for alcohol and other drugs services.
You can give almost any kind of asset to Odyssey House Victoria through a bequest, including a specific amount of money, securities, an interest in real estate (such as a residence) and/or personal property (such as jewellery, art, shares or antiques).
A bequest to Odyssey House Victoria can be made by creating a new will, adding a codicil to your existing will or including Odyssey House Victoria in your revocable trust.
It is important that the wording in your bequest is very specific. It is always preferable to seek advice from a solicitor when making or updating your will. Suggested wording for a bequest to Odyssey House Victoria is as follows:
“I bequeath to Odyssey House Victoria for its general purposes (or the following purpose e.g. Child and Family Programs, Residential Rehabilitation) (the residue of my estate) or (a specified sum) or (specified items) or (a specified percentage of my estate) free of all duties, and I direct that the official receipt of Odyssey House Victoria will be complete and sufficient discharge to my trustees.”
when making or modifying a will bequest In general:
- you must be over 18 years of age for a will to be valid
- your will must be in writing (handwritten, typed or printed)
- each page of your will must be dated and signed by the will-maker and two or more witnesses (all using the same pen)
- keep your will in a safe place and tell your executor where it is.