Remember a Charity in Your Will Week.
- AuthorSean Boucher
This years‘ remember a charity in your Will’ week takes place between 7 – 13 September. The purpose of the week is to help promote charitable giving in Wills. Charities rely heavily on these donations, with many estimating that between 20% and 50% of their yearly income is made up from donations made in Wills.
The theme of this years ‘remember a charity in your Will’ week focuses on the point that people do not need to go to adventurous lengths in order to help a charity they care about; including a gift in your will is just as legendary.
In addition to helping charities continue doing the brilliant work they do, leaving a charitable gift in your Will can also be a good way of reducing the amount of Inheritance Tax that may be payable in your estate.
Whether you want to leave a gift to charity or not, why not use this week to think about your Will? Without one, the intestacy rules will govern who gets what from your estate. These rules are very strict and outdated, and therefore do not take account of many modern family situations. Many of my clients’ are often surprised by these rules, and it is often the case that their wishes would not have been carried out had they not drafted a Will.
It is therefore now even more important than ever to prepare a Will, no matter what your wishes are. Doing so is a simple solution to what could turn out to be a distressing and uncomfortable situation. At JCP Solicitors, we also advise that you review your Will every three years to ensure it continues to fully reflect your wishes.