A bequest of a specific sum (called a pecuniary legacy) is of course very welcome; however, inflation often erodes the value.
To ensure the intention behind the gift is protected against inflation, it is best to express the bequest as a percentage of the estate (called a residuary legacy).
You could also leave a specific item (this is called a Specific legacy), but it is important to describe that item clearly.
The recommended wording for a bequest to Life Flight is:
“I give to the Life Flight Trust, at PO Box 14448 Kilbirnie, Wellington 6241 [insert X% of my estate, or the residue of my estate, or sum of money, or description of property or assets] for general purposes, for which the receipt of the General Manager or other proper officer shall be full and sufficient discharge to my trustees.”
Already have a Will?
If you already have a Will but want to alter it to leave a bequest, you can simply make an amendment. This is called a Codicil and can easily be arranged by your solicitor.