Over three quarters of us regularly give to charity and gifts in Wills make up over £2 billion of income for charities in the UK. However with the rise in cost of living and other worries such as uncertainty over the economy and fears over the cost of social care, giving to charity will often get overlooked. Willans have been firm supporters of local medical charity Cobalt over six years and raised over £20,000 for them through informing their clients about how to make a donation to charity whilst writing their last will and testament.
On 11 September, Remember Your Charity In A Will week kicks off. As well as being able to provide vital support for a charity, making a Will means it is much easier to ensure your wishes are carried out in the event of your death. A Will sets out how your money, possessions and property should be distributed when you die. It can also help reduce the amount of inheritance tax payable on the value of property and money you leave and what happens about digital assets, including photographs, emails, presentations etc.
Simon Cook, Partner, Wills, Probate and Trusts at Willans LLP said “We’ve been proud to support Cobalt for some time. Highlighting the opportunity to remember a charity gives clients the chance to help a great cause whilst getting their affairs into order. Making a Will gives you peace of mind that you are not leaving a mess behind for someone else to clear up. A Will can create the best framework for future tax planning, particularly for those with business or agricultural assets. A Will allows you to remember grandchildren, godchildren, friends and charities. You can also make financial provision for pets and leave details of your wishes for them. You may also specify your choice for burial or cremation and, if you wish, the use of your body for transplants or medical research.”
Cobalt believe everyone should have access to the best medical imaging for their diagnosis. They are a charity that invests in equipment, research and education to help this happen. Legacy donations made to Cobalt, help the Charity to continue to drive innovation making a difference for thousands of patients now and well into the future.
Helen Tomes, Supporter Relations Officer, Cobalt said “We received donations of over £16,000 in memory last year. Other typical ways people choose to donate to us are through collection boxes, sponsoring friends, family and colleagues or through regular giving such as payroll”.
Pictured: Sophie Pope, Willans, Helen Tomes, Cobalt, Elspeth Thomson, Willans, Simon Cook, Willans, Tom O Riordan, Willans, Malcolm McKeith, Cobalt