There are three common forms of gifts in wills:

• Percentage of estate: you nominate a percentage of your estate to be gifted to Vegan Australia. Example of wording:

I give (free of all duties) ____% of my estate to Vegan Australia (ACN 169 219 854) with the written acknowledgment of an authorised officer of Vegan Australia to be accepted by my executors as a full and complete discharge.

• Residual: your estate will pay all debts, taxes, expenses and specific gifts. The remaining amount - the residue - will be transferred to Vegan Australia. Example of wording:

I give (free of all duties) the residue of my estate to Vegan Australia (ACN 169 219 854) with the written acknowledgment of an authorised officer of Vegan Australia to be accepted by my executors as a full and complete discharge.

• Specific sum: while a specific amount of cash is a common form of gift (and all gifts are gratefully received) specific sums do not take inflation into consideration. The real value of the gift can prove to be substantially less than intended due to the effects of inflation between the time of making your Will and the allocation of the assets. Example of wording:

I give (free of all duties) the sum of $____ to Vegan Australia (ACN 169 219 854) with the written acknowledgment of an authorised officer of Vegan Australia to be accepted by my executors as a full and complete discharge.