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WILLS AND CHARITIES: THE OPTIONS
athryn Smith Cowap, a wish to include a formula so that Partner in the Private Client the sum equates to 10% of your team at Wansbroughs net estate (thus qualifying your Solicitors provides an overview of Kathryn Smith Cowap how you might wish to use your Will to benefit charity.
RESIDUARY GIFT
estate for the lower, 36%, rate of inheritance tax).
SPECIFIC GIFT This is a gift of a named item, such as property, jewellery or a work of art.
You might decide to leave the whole or a percentage of your residuary estate – what is left after liabilities, debts, funeral expenses, taxes and cash gifts have been paid – to one or more charities.
As no one can predict the future we can also ensure that your Will contains provisions to cover the unlikely event your chosen charity ceases to exist, has changed its name or merged in the future.
CASH GIFT
If you wish to leave a gift to a charity in your Will then please email us at wealth@wansbroughs.com.
Instead, you might want to leave a specific sum to a charity or charities. This might be a set figure that you already have in mind or you may
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