Leave a Bequest
By making a bequest to the Victorian Artists Society you can support the development and nurturing of current and future artists.
Leaving a percentage of your estate, a sum of money or other assets to VAS in your will, ensures the future sustainability of the Society, the further development of the gallery spaces and provide artists with the opportunity to learn, create and exhibit their art. Your gift, regardless of the size, will be gratefully received by VAS.
There are several gifts that you might consider leaving to the Victorian Artists Society:
A SHARE OF YOUR ESTATE
Known as a 'residual bequest', it is a percentage of what remains of your estate after all other gifts and expenses have been paid. One of the advantages of this gift is that it won't be affected by inflation as its value will change in line with the value of your estate. This means you're less likely to need to amend it in the future.
A SPECIFIC SUM
This is a gift of a specified dollar amount. It is worth remembering that the effects of inflation may reduce the value of this kind of gift.
A SPECIFIC ITEM
It could be something valuable such as an antique, painting, property, shares or an insurance policy.
A REVERSIONARY GIFT
This gift allows you to leave your estate to your loved ones while they are living, but after they pass away the share you intended for the Victorian Artists Society will pass onto the society.
AMENDING AN EXISTING WILL
Of course, you may already have made a Will. You can add the Victorian Artists Society by completing a codicil and sending it to your solicitor. A codicil is a document on which changes or additions are made to an existing Will and must be read in conjunction with it.
HOW TO WORD YOUR WILL
To include a gift to the Victorian Artists Society in your Will all you need to do is to provide your solicitor with our full legal name (The Victorian Artists Society) and registered Australian Business Number (75 004 046 824).
The following wording may be used as a guide:
'I bequeath, free of all duties the residue or %(percentage) of the residue of my estate; or the sum of $(amount); or (specified items) to Victorian Artists Society (75 004 046 824), in aid of that charity and for its general purposes, with the written acknowledgement of Victorian Artists Society to be accepted by my executors as a full and complete discharge.'
If you would like to learn more about VAS, our exhibitions, art school and sponsorship of awards, or if you have any questions about leaving a gift in your Will, contact the office on 03 9662 1484 or email us at manager@vasgallery.org.au
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Acknowledgment of traditional owners.
We would like to pay our respects to the traditional owners of the land on which our building stands, their leaders, past, present and emerging.