Q: Why should I leave a charitable gift in my Will?
A: These gifts form the financial foundation for many charities and enable them to perform their vital work in our society. Without charitable gifts in Wills, many charities would simply not operate. A gift in your Will could be the most significant gift of your life, allowing you to support a cause close to your heart and leave a lasting legacy.
Q: How do I know the charity I nominate will use my gift wisely?
A: You can get in touch with your chosen charity and discuss with them how you would like your gift used, or you can be specific in your Will. However, bear in mind that it is often more valuable to a charity to be able to invest the funds in an area where it is most needed at the time of receiving the funds.
Q: Do I need to let my chosen charity know that I have left them a gift or give them a copy of my Will?
A: No, you don’t. But letting them know will enable them to involve you further in their work. Many charities have ‘bequest officers’ who are responsible for involving those who have included the charity in their Will in the organisation’s work (for example, visits to facilities or events with like-minded donors). They are also responsible for appropriately acknowledging those donors, if desired.