Remembering us in your will is a great way to ensure that the work of Autism Berkshire continues.
There is a common misconception that a legacy has to be a large amount of money, but this isn’t the case. Any amount, no matter how small, will make a difference.
What are the advantages of making a will?
The most important advantage is that you get to make a positive choice about how you would like your assets to be divided after your death, rather than someone else deciding on your behalf. You will also be able to minimise the tax payable on your legacy – any donation made to a charity is free from inheritance tax.
How do I make a will, and what will happen if I don’t?
Any practising solicitor can write a will for you or you can write it yourself. Citizens’ Advice has guidance on its website at www.citizensadvice.org.uk/relationships/death-and-wills/wills/
If you do not have a will, it could mean that what you leave behind might not go to the people you want it to. You could also find that a substantial part of your estate could go to the Government through Inheritance Tax.
Making a will (also known as a legacy or bequest) really is as simple as listing the things you own (money and possessions) and writing down who you would like them to go to when you die.
Is it possible to change my will?
Yes, it’s a good idea to review your will on a regular basis. You can make simple amendments to an existing will by writing a codicil – a signed document referring to the existing will, detailing any alterations.
What types of will are there?
- A share (or percentage) of your estate
- Specific gifts (like houses, land or other possessions)
- Gifts which are dependent on certain events, such as a donation to a charity on the condition that other benefactors have already died.
What should I do next?
Call your solicitor to make an appointment or use the Citizens’ Advice website noted above for further advice.
Should I let you know if I intend to leave a legacy?
It’s very helpful to let us know, as it means that we can keep you informed about relevant areas of our work, and in a way that you prefer (such as e-mails, newsletters and information about local events). Any information you provide about your intention to leave us a legacy will remain confidential.
For more information, call 01189 594 594 (option 3) or email firstname.lastname@example.org