Your Will can support your community forever
Writing your Will is one of the few moments in life when you can choose to commit to giving significant financial support to the things you really care about in your community and across the world. Your decisions about what will happen to your money and assets after you are gone are an opportunity to make a real difference.
That’s the central proposition of The Bequest Report, newly published by financial advisors JBWere New Zealand.
Their research points to a curious anomaly of Kiwis’ generosity – our giving to charities over our lifetimes is relatively high by international standards, and yet the number of charitable ‘gifts in Wills’ is quite low here, when compared to bequest rates in equivalent countries.
This matters, because with the Baby Boomers beginning to pass away, the Western world is at the start of the largest-ever inter-generational transfer of wealth.
The Bequest Report is therefore intended to be a ‘call to action’, for all New Zealanders to leave a portion of their estates to charitable organisations, so that our society as a whole benefits from this moment in history.
What are the key researched facts in the Report that confirm this development?
Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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72.9% We work hard, we deserve a break!
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16.1% Hmm, maybe?
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11% Yes!
Celebrate in Style: Craft Your Own Decor with Testpots
Create handcrafted celebrations using Resene testpots. Find out how to create your own with these easy step by step instructions.
The city's new mayor is setting out his plan
Hamilton City Council is pledging to cut costs and avoid “gold plating” infrastructure as part of a new strategy to limit rates increases, but Mayor Tim Macindoe says central government support may be needed to meet a new national rates cap.
Macindoe said Wellington needed to be “a little more nuanced” and take population growth into account.
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