Ways to give 1) Pecuniary bequest: this is a fixed sum of money, but the amount you decide to leave can be devalued by inflation.
A lasting legacy
2) Specific bequest – a particular item, for example a book collection, a painting or a property that may then be sold and the proceeds go to the beneficiary. 3) Residuary bequest – once all bequests to family, friends, etc have been made and debts and tax have been paid, the remainder of your estate may then be divided percentagewise between your chosen beneficiaries.
The next steps If you’ve not yet made a Will, please consider seeking advice from a solicitor, legal advisor or Will writer. This is not time-consuming or expensive. A clear and well-drafted Will should accurately reflect your wishes and minimise the amount of inheritance tax payable. If your Will is already written and you wish to add to it, this is done by inserting a Codicil – an addition to the existing Will containing supplementary instructions. This needs to be drawn up and witnessed. Again, it is best to seek professional advice. If you would like to discuss how a gift in your Will might help CARE, please phone 020 7233 0455 and speak informally and confidentially to Russell Hornzee.
Willing to care...
For further information please log on to www.care.org.uk/leave-a-legacy
IMPORTANT DETAILS TO NOTE: CARE’s correct title: CARE (Christian Action Research and Education) Address: 53 Romney Street, London, SW1P 3RF Registered Charity No. 1066963 Scottish Charity No. SC038911
supporting loved ones, your local church and the ministries that are close to your heart