We have already given you information that making provisions for yourself and your loved ones is now an important decision to act on during your lifetime, why leaving a legacy matters and the benefits of doing so.
These questions have always been there but have become more important as large numbers of people have sadly died or suffer from long-term the effects of the pandemic and have their families and loved ones facing uncertain futures.
Here we have set out for you a high-level overview of matters that you need to consider when leaving a gift. This is a big personal decision and it is important to be properly informed and advised. .
We hope this helps those who are considering writing a will for the first time or thinking of updating it or have thought about before but have not put it in place so far.
It is always recommended that you seek advice and use a qualified solicitor (or a professional will writer) to help you. Depending on personal circumstances, writing a will does not have to be expensive and you can shop around for quotes. You can visit Law Society website in England and Wales to help find a solicitor https://solicitors.lawsociety.org.uk/.
The free will guidance service from Citizens Advice has useful information on the importance of making a will, using a solicitor, what to include in a Will, requirements for a valid Will, where to keep a Will and using a Will to get probate. Visit https://www.citizensadvice.org.uk/family/death-and-wills/wills
You should note that HMRC (Inland Revenue) states that ‘’Anyone can leave money to a charity in their will – this is known as a legacy and this can be as part of the charity’s fundraising activities.’’
If you want to leave a gift, legacy or bequest in your Will to One Kind Act, please note the following information required for your Will:
One Kind Act (3 Ross Close, Harrow, HA3 6SR) is a registered charity in England and Wales (no 1160116)