A legacy to Dorset Advocacy in your will would be a very welcome and precious gift, that will enable our advocates to help more people with learning disabilities, dementia, cancer and long-term illness.
We understand that this is a very personal decision that deserves careful thought and research. Here are some resources that will help you to find out more about legacy giving:
Gov.uk: Making a Will
The Money Advice Service: Changing Your Will
Key facts about legacies:
- You can leave a legacy by either re-writing your will, or by adding a “codicil” to your existing will.
- If you leave more than 10% of your will to charity, then your rate of inheritance tax goes down from 40% to 36%.
- You can leave a specific sum of money (a “pecuniary gift”).
- You can leave a percentage or the residue of your estate, after your family and friends are provided for (a “residuary gift”).
- You can leave shares, objects or property (a “specific gift”).