Fixed Probate Fees, call:

0800 612 6105


Alternatively local rate:

020 8150 2010

Naming A Charity In Your Will

Leaving a gift in your will to charity, whether it is a small sum of money, or your entire estate, is a generous and popular thing to do. It will give you peace of mind that, once you have died, someone in need will benefit from your worldly goods.

Many charities rely on such donations, and without them they might have to fold. Think carefully about which charity you would like to receive something in your will, and specify which branch if you think there might be any kind of discrepancy. It is often useful to mention the charity number in your will, to ensure that the gift goes to the correct place.

The money, property, or possessions you choose to leave to charity will be deducted from the entire value of the estate before any calculations regarding Inheritance Tax are worked out. This means that there will be less Inheritance Tax for the other beneficiaries to pay if you choose to give part of your estate to charity.

There are two ways to leave a gift to a charity (or multiple charities) in your will. The first is called Pecuniary Legacy. This is when you choose to leave a fixed amount, and specify the details in your will. The second option is the Residuary Legacy, which is basically giving whatever is left over when other money and property have been divided between named beneficiaries.

If you do not include these wishes within your original will, it is still possible for you to leave something to charity if you choose to later. You could choose to add a codicil to your existing will, which would mean that you don’t have to write an entirely new one. Not sure what a codicil is, or how to create additions to your existing will? Don’t worry. Simply ask us, and we will be happy to help.

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