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 you a Te Huia fan?
All three Hamilton MPs appear to be united behind the retention of the Te Huia passenger rail service between Hamilton and Auckland, as well as potentially expanding it to Tauranga.
But whether Hamilton East’s Ryan Hamilton, Hamilton West’s Tama Potaka and soon-to-be Labour list MP Georgie Dansey have the combined power to shunt transport minister Chris Bishop and Prime Minister Christopher Luxon onto their line of thinking remains to be seen.
Are you a Te Huia fan? Tell us more in the comments (adding NFP if you don't want your words used in print).
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81.6% Yes
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18.4% No
One size fits all rates cap model ‘unworkable’, says Waipā DC
Waipā District Council says the government’s “one size fits all” proposal to cap rate rises could disproportionately harm fast-growing councils such as Waipā.
On Wednesday, Strategic Planning and Policy committee members debated the council’s submission on the proposed rates cap model.
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