Making a Bequest to 2MBS-FM
2MBS-FM is Australia’s first stereo FM radio station.
The cost of sustaining the radio station is substantial and we can only continue to provide this unique service for lovers of fine music with the support of subscribers and donors.
If you enjoy fine music and wish to see it continue to be part of our future, please consider leaving a bequest to 2MBS-FM in your will. Your legacy will help to ensure the beauty of fine music continues to be broadcast for the benefit of future generations.
For a confidential appointment, please contact General Manager Liz Terracini by email on Liz.Terracini@2mbs.com or phone (02) 9439 4901.
Some Frequently Asked Questions
Why does 2MBS-FM need my bequest?
We receive no direct government financial support for the operation of the station. A major part of the income required to operate the station comes from the music lovers who appreciate the service we provide all day every day. Without this support the station would eventually cease to exist.
If I decide to leave a bequest to 2MBS, what form should it take?
All bequests are appreciated equally. There are several options for bequests:
Specific Gift: This specifies an amount of money or property or some other asset.
Percentage or Fractional Bequest: This specifies that a percentage or fraction of the total value of your estate be willed to 2MBS.
Residual Bequest: This wills to 2MBS the remainder of your estate after all expenses have been met and all other beneficiaries have received their inheritances.
Whole Estate: This wills the value of your entire estate to 2MBS.
What wording should I use in my will?
You should consult your solicitor or professional advisor. However, we recommend the following wording:
“I give to the Music Broadcasting Society of New South Wales Co-operative Limited (ABN 64 379 540 010), for its general purposes (the whole) or (a specific amount or gift) or (a percentage) or (the residue) of my estate free of all duties for which a receipt from the Secretary or other authorised person will be sufficient discharge for the executor.”
May I nominate how my bequest is to be used?
Yes, you may, but it is preferred that you delegate this responsibility to the Board of Directors, who are all dedicated volunteers and are aware of the station’s needs and priorities which can change with the passage of time.
How do I change my will to nominate 2MBS-FM as a beneficiary?
An amendment, known as a codicil, can be made easily by your solicitor for a small fee.
Will my bequest be recognised if I so choose?
Unless you choose to remain anonymous, your bequest will be recognised on the Memorial Honour Board at 2MBS-FM Head Office. If you advise us that you have left a gift to 2MBS-FM in your will, you become a member of Fine Music Supporters.
If I have other questions, whom do I contact?
Please contact 2MBS-FM General Manager Liz Terracini by email on Liz.Terracini@2mbs.com or during office hours on 02 9439 4901 for advice on a confidential basis.
Thank you for your interest in supporting 2MBS-FM with a bequest. We are pleased that you share our belief in the important role that our station plays in the community.