Leaving A Gift In Your Will To Charity

Leaving a gift in your Will to charity

The International Day of Charity is celebrated annually on September 5th, and was declared an official event by the UN General Assembly in 2012. This annual event prompts many people to think about how they can help local and national charities. Did you know, that one of the best ways to support a charity is to leave them a gift in your Will? Many charities in the UK rely on donations left behind by their supporters, and any gift you leave could make a vital difference to the work of the organisation. There are…

Wills and Probate: Giving to charity

It seems that people in the UK are a charitable bunch. In fact, last year, just under £3 billion was donated to charity in Wills, which is expected to rise to £3.4 billion by 2022. This figure means that 3.5% of all of the money left in estates is now comprised of charitable giving. What sort of charities benefit? There is certainly no shortage of choice when it comes to picking a charity, but there are four industries that receive more than the rest. The lion’s share (38%) goes to…

Inheritance tax – could the rising value of houses push more ordinary people into the inheritance tax bracket?

The last thing you want to think about when you’re mourning the passing of a loved one is divvying up the estate (including the taxman’s cut). However, because of the rise in value of property in the UK, more people are finding that they fall into the inheritance tax bracket, and are getting hit with an inheritance tax bill they were not expecting. What is inheritance tax? It’s exactly what it says – a tax on the estate (including property, possessions and any money) of a deceased person. Thresholds are…

Powered by How to backup and restore wordpress site

error: Content is protected !!
Search