Why do I need to make a Will or update my existing one?
All of us need to make a Will to provide for loved ones after we have gone, and to make sure our wishes are carried out after our deaths. There are many reasons why you might need look at your Wil to ensure it still meets your needs. For example, your family circumstances may have changed- in which case you might want to change your Will to protect your loved ones. Or you may simply change your mind on who you want to benefit.
What if I don’t have a lot to leave?
Every gift will make a huge difference to our work, no matter what size. If you are not sure how much you may have to leave, it might be helpful to leave a percentage rather than a set amount. Just 1% can make a real difference!
What basic information do I need to include when I'm leaving a gift to Living Options Devon in my will?
The most important bits of information to include are our name, address and charity number:
Living Options Devon, Ground Floor Units 3-4 Cranmere Court, Lustleigh Close, Matford Business Park, Exeter. EX2 8PW.
Registered charity number 1102489
Do I need to use a solicitor?
By using a solicitor or qualified Will Writer you can be assured that your intentions are correctly recorded to carry out your wishes after you have gone. Your solicitor will also check that the correct wording and charity information is recorded to ensure that the causes you support in your lifetime can benefit from your gifts in your Will. All practicing solicitors are required to be registered with the Law Society. They are able to provide a list of local solicitors. Either visit their website or call 020 7242 1222.
How can I change my existing Will?
Your solicitor can help you to add a form (called a codicil) to your existing Will. Don't make changes yourself as if this is not done correcly, the Will can become invalid.
What are the tax benefits?
Gifts in Wills to charities are tax efficient. If you leave a gift to charity in your will, its value will be deducted before inheritance tax is worked out. Leaving a charitable legacy may help bring the total value of your estate below the taxable threshold. It is possible for the inheritance tax rate to be reduced if 10 per cent or more of an estate is left to charity.
How will Living Options Devon use gifts in Wills?
All gifts in Wills made to Living Options Devon are carefully used for the benefit of local disabled people. Why not browse through our support and help pages to read more about the work we do? Or request a copy of our free information pack to learn more about how gifts in Wills have benefitted on local disabled people.
Who do I contact for more information about a Gift in my Will to Living Options Devon?
For more information, please contact Sarah Matuszczyk on 01392 459222 or email: firstname.lastname@example.org