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A will is you gift to the people and causes that
were important to you during your lifetime. It is the only way to make sure
that your wishes are carried out after your death.
Without a valid will, it is possible that your entire estate
could go to the Crown, depriving your loved ones and favourite charities of
your generosity. Even if you are married, living with a partner or have
children, it is wrong to assume that they will automatically receive your
estate should you die.
Remembering ELHAP in your will is an excellent way to support
our work for vulnerable children. Because charitable legacies are exempt
from Inheritance Tax, all of your gift will go to giving children back their
future.
If you don't have a will, the best advice is to consult your
solicitor.
Alternatively you can contact the Charities Aid Foundation who can help advise
you on
how arrange a legacy.
How to leave a legacy to ELHAP
There are several ways in which you can leave gifts to both
your loved ones and your favourite causes. These are the most common:
- Residuary legacy
- this is the remainder or a percentage of your estate after all other
bequests and expenses have been deducted. A residuary legacy has the added
benefit of keeping pace with inflation
- Pecuniary legacy
- this is a gift of a specified amount of money, for example £1,000.
However, unlike a residuary bequest, inflation can reduce the value of a
pecuniary gift
- Specific legacy
- this is the gift of a specific item such as property, jewellery or other
valuables
If you wish to
leave a Residuary, Pecuniary or Specific legacy to ELHAP, please discuss
this with a solicitor or the organisations below.
Further Information
Charities Aid Foundation Legacy Service
Citizen's Advice Bureau |
