Testamentary bequest
A bequest to the Andrea Bocelli Foundation will nurture talents and bring education, healthcare and hope to entire communities in Italy and around the world. It is a choice that honors your memory and ensures that your commitment to a future of opportunity and beauty lasts forever.
Choose ABF for your testamentary bequest.
What is a testamentary bequest?
A testamentary bequest is a provision in your will in which you designate part of your estate to a charitable organization, such as the Andrea Bocelli Foundation.
It is a free and generous act that allows you to give continuity to your personal values, supporting causes that reflect your beliefs and help those in need.
A testamentary bequest is a tangible sign of your commitment to others, ensuring that what you believe in continues to make a difference even beyond your lifetime.
It represents the freedom to truly decide what to do with your estate and to whom you wish to entrust them, so that they are not lost.
Without a testamentary bequest, assets are divided according to legal parameters, which may allocate them to people less close to you than you would like or, if you have no relatives, directly to the State.
This is why a will is a secure way to ensure that your wishes are respected and your ideals can continue to be realized after you.
Will a charitable bequest affect my family?
Making a charitable bequest allows you to allocate a portion of your estate—whether money or estate—to a cause you care about, without compromising the rights of your family.
Italian law protects what is known as a legitimate portion,specifically set aside for direct heirs, such as your spouse, children, or, if these are absent, your parents. This share cannot be altered, ensuring your loved ones receive their legal entitlement.
Beyond this, there is a ‘disposable portion’ of your estate, which you can freely allocate, even to a charitable organization like the Andrea Bocelli Foundation.
Shares vary according to family composition: for example, if you have a child, half of your estate will go to them, while the other half can be freely allocated to the foundation.
Drafting a will gives you the flexibility to decide how to distribute your estate, empowering you to support meaningful causes while fully honoring the rights of your heirs.”
Dearest Friends,
I would like to talk to you about a choice I feel is important and which I invite you to consider making. This is something that will last longer than a lifetime – leaving a gift to the projects of the Andrea Bocelli Foundation.
To live is a wonderful mystery in which we must place our trust. Each of us is called to a journey of growth that does not end with our earthly journey, even more so when we plan to help continue the values that pervaded it.
Life is an unparalleled privilege. A gift to celebrate. A shared adventure, hosted by a body that accompanies us for a stretch along the road and then, at a certain point, we must leave behind.
The death of our body is our ally, in this temporary earthly adventure of our soul, dressed for the occasion in time and space. However, death is never the opposite of life. If anything, it is the opposite of birth.
When I join my hands together in prayer, the gratitude I feel for my earthly adventure insists that the one who is the main partner and friend in life be blessed also, “sister death” – as St. Francis called it – that bestows us with time, growth and change.
Every existence is unique and memorable, part of a much larger project, which does not end and is not subject to our criteria, in which love is the constituent matter, the language and currency. It is by looking to this, to the divine plan that encompasses us all (and that we can perceive in its immense beauty), that I ask that you reflect on the idea of a similar immense gesture of love: protagonists of a gift, that is all the more extraordinary in that it demands nothing in return.
Making a donation means to make your life a work of art and make it a coherent journey that follows the path of the wholeness of poetic order. Together, we will be able to celebrate life beyond our own lives, in the smiles of those whose existence, thanks to ABF’s projects, will flourish. And with them, the communities they belong to.
In the smiles of those who will be able to develop their talents and find the possibility of a future, dear friends, you will be able to see yourselves reflected and what today is faith and hope will become certainty. Because, to paraphrase Pasternak, in others you have lived and in others you will remain. What difference does it make to you if it is then called memory? You are still you, you who has become part of the future.
Andrea Bocelli
Why should I include ABF in my will?
1
To leave an indelible mark on your journey and live on in the eyes of the children, in the smiles of the talented young people to whom we give the opportunity to grow, and in the smiles of all those to whom we give the opportunity to receive education, care and hope
2
To continue promoting education, empowerment, and support for communities in need, even after your lifetime.
3
Bequests and donations made to foundations, nonprofit organizations, public agencies, or legally recognized associations focused solely on study, assistance, education, scientific research, or other public benefit activities are exempt from inheritance taxes.
How to Make a Testamentary Bequest?
o make a testamentary bequest in favor of the Andrea Bocelli Foundation (ABF), you can start by filling out the confidential information request form. Alternatively, if you prefer direct contact, you can reach out via email at aurora.mondavi@andreabocellifoundation.org or call (+39) 055.295475, where the legacy program manager will be happy to assist you.
Once you have gathered all the necessary information and decided to include ABF in your will, you will need to choose the type of will you wish to draft (holographic, public, or secret).
In your will, clearly specify your intention to bequeath a portion of your inheritance to the Andrea Bocelli Foundation, detailing the exact share or asset you wish to leave. To ensure clarity and accuracy, it is essential to include the foundation’s full details, such as its official name and tax identification number:
Business Name: Andrea Bocelli Foundation -Ente Filantropico
Registered Office: Piazza San Firenze 5, 50122 Florence, Italy
Tax code: 90049390504
How to designate ABF as the beneficiary of my life insurance policy
The life insurance policy is not part of my estate. This means you are free to designate the Andrea Bocelli Foundation as a beneficiary, without restrictions concerning your heirs.
The Andrea Bocelli Foundation will receive the proceeds from your life insurance policy only after your passing, without any tax obligations.
You can designate the Andrea Bocelli Foundation as a beneficiary when you take out the policy, or, if you already have one, you can contact your insurance company to communicate your decision.
To include Andrea Bocelli Foundation as a beneficiary on your life insurance policy, you must enter the following information:
Business Name: Andrea Bocelli Foundation – Ente Filantropico
Registered Office: Piazza San Firenze 5, 50122 Florence, Italy
Tax code: 90049390504
What kind of testamentary legacies can be disposed of?
The Holographic Testament
It is the simplest form of will.
It is written by hand on a sheet of paper directly by the testator, who must clearly specify the date, indicating the day, month and year, and then sign it.
For greater security and to maintain the secrecy of what is written, it is good practice to hand it over to a notary, or a trusted person, who will guard it until it is opened.
The Secret
Testament
It is drawn up by the testator and may be typed or typed on a computer, even by a third party.
It must be dated and signed, placed in a sealed envelope and sealed by the testator or the notary receiving it, in front of two witnesses.
The contents of the secret will remain unknown to everyone, including the notary, until it is opened. It requires certain formalities, but has the advantage of absolute confidentiality.
The Public
Testament
The public will guarantees greater security against loss, forgery or destruction.
It is drawn up and dated by the notary, signed by the testator, witnesses and the notary, and kept in the notary’s office.
A copy is registered in the General Register of Wills, making it traceable even without knowing the notary.
Examples of testamentary legacies
The disposable share
There is a part of the property that the testator may dispose of as he sees fit. This is called the disposable share. Then there are the reserved shares, which concern in particular the legitimate heirs.
Inheritance and legacy
The heir succeeds to all of the testator’s legal relations, whether assets or liabilities, and is his or her successor in respect of all or a portion of his or her property.
Several heirs may be included in testamentary dispositions. The legatee benefits from a particular testamentary disposition (the legatee), which includes individual assets or rights.
Legitimate heirs and shares
In some cases, one does not have full disposal of one’s assets in order to make a bequest, since by law certain categories of persons are entitled to a share in the assets. These are children (legal and natural heirs), spouses and direct ascendants (i.e. parents). Their share in the estate cannot be touched, otherwise the dispositions will be null and void.
In addition to these shares, referred to as reserve shares, the testator may decide on his or her assets as he or she sees fit. The table opposite illustrates the relationship between available or reserve shares and legal heirs.
Legitimate heirs and available or reserve shares
What can you do with a joint will to ABF?
Testamentary bequests are valuable gestures that allow the Andrea Bocelli Foundation to continue transforming lives, fulfilling its mission of “Empowering people and communities.”
Through your bequest, you can help bring hope to those in need, ensuring that educational, health, and development projects continue to thrive. It is a way to leave a lasting legacy, creating opportunities and fostering a future of dignity and growth that transcends the boundaries of time and space.
With a testamentary bequest to ABF you can:
- Support art, music and digital workshops in ABF schools.
- Support the ABF Water Truck project, to enable so many people in the Cité Soleil slum in Haiti to have access to clean water.
- To guarantee the coverage of the annual operating costs for an entire ABF school in Haiti.
2500 €
You can donate more than 40 hours of workshop activities
70.000 €
Supply of drinking water for a year to the 400,000 inhabitants of the slum of Cité Soleil in Haiti.
300.000 €
Operating cost coverage for one year of an ABF school in Haiti.
Fill in the form below
INFORMATION REQUEST FORM – CONFIDENTIAL
A legacy to ABF – independently from its value – is a gesture of enormous value for our projects and can do so that your engagement for a future of opportunity and beauty, continues after you have departed this life.
All the information you will provide us will remain completely confidential and will be treated in the best way respecting your privacy.