Remember a Charity
Proud to champion gifts in Wills
Charitable giving has a long history in the UK, with people choosing to support the causes that matter to them in many ways. Every donation can have an impact, but gifts in Wills now form the largest source of voluntary income for charities. Legacy giving is becoming increasingly popular, with a 30% rise[1] in the proportion of people donating this way over the past twenty years.
Still, there’s often a lack of awareness around this form of charitable giving, with uncertainty around how it works, how much to give and how to fit donations around gifts for family and friends. That’s why we’ve signed up to Remember A Charity’s campaign charter, working together as part of this national network to help everyone understand the options open to them when writing their Will.
A good feeling
As one of the most rewarding ways to give, 100 people across the UK[2] now write a charitable gift into their Will each day, funding vital services across the country.
You may feel deeply connected to the charity you support and find the idea of including a donation in your Will appealing. But you may think this type of giving is reserved for the wealthy. In reality, you can give any amount – large or small – to any charity. It all makes a difference, and it can be such a rewarding thing to do.
Generous tax incentives for those who donate to charity make it even more appealing.
Gifts in Wills are tax-free, effectively increasing the Inheritance Tax threshold on donors’ estates. And for people that choose to donate 10% of their estate or more, this reduces the rate of Inheritance Tax down from 40% to 36%, which can amount to a considerable reduction on larger estates.
Supporting good causes
Allan Freeman, Chair of Remember A Charity – a consortium of 200 UK charities, says:
“Gifts in Wills have a phenomenal impact on charitable causes across the UK, whether that’s a case of funding medical research or shelters for those suffering from abuse, mental health helplines or keeping local the theatre open. Particularly in recent times, that income has never been more important, helping charities to sustain and even increase services to help those in need.
“It’s a great opportunity for people to have a lasting positive imprint, leaving the world a better place for future generations.”
Contact us to find out more or visit www.rememberacharity.org.uk for inspirational stories about the impact of gifts in Wills.
IMPORTANT NOTE: The Remember a Charity promotion is not a free Will event. The Remember a Charity organisation aims to raise awareness about charitable giving. They encourage adults to include a donation to their favourite causes when they make their Will, but are not affiliated to any particular charity.
