We don’t usually have a say in how or when we pass away but we can make choices about what we leave behind.
By leaving a gift in your will to Great Lakes Outreach you will be leaving hope for generations to come. Your gift will go on saving lives and transforming communities as an enduring work of grace in the lives of those it touches. Whether you choose to gift £1000 or £100,000, you can rest assured that your donation will be helping GLO deliver its programmes, bringing hope for years to come.
A gift in your will can sometimes reduce the amount of tax payable out of your estate, in the UK. The rate of inheritance tax is reduced from 40% to 36% if you leave at least 10% of your estate to charity.
To ensure your intentions are fully carried out, it is advisable to seek the advice of a solicitor or other qualified professional when making a will.
Your advisor will be able to share with you different types of legacies you can make, whether for specific items or amounts or for a percentage of your assets. If you would like to make a gift for a specific amount in your will to go to GLO, for example, £50,000, you can ask for this to be index-linked.
It’s wise to write a will so that your family and dependants are cared for and your wishes carried out. Many of us put off making a will and die intestate. Sadly, this means that our estate usually passes to the State and our resources do not go to those we love and care about, just when they are also dealing with bereavement.
If you’d like more details, please get in touch.