A recent survey has highlighted that using a solicitor to prepare your will can raise options that you might not otherwise consider.
Research commissioned by the Remember a Charity organisation shows that people making wills were more likely to consider making a gift to a charity when their solicitor told them that many people include charitable gifts in wills.
A gift to charity can range from modest cash gifts to significant amounts of money. As well as benefiting organisations you wish to support, a gift to charity is free from inheritance tax and can be used to reduce your tax bill when you die.
Charitable gifts can be included in your will along with gifts to your family and friends and by speaking to a solicitor about your options you can make a will that provides for the people and charities close to you.
Many simply don’t realise that legacy giving is an option for them; that they can provide for family and friends and still have the opportunity of including a charity if they wish to do so. ‘The role of legal professionals is crucial in making clients aware of all the opportunities they might want to consider when writing a will.’ The research, which is being presented today at the Law Society, also surveyed the public on their views about solicitors raising the issue of leaving to charity. According to the survey, 69% of people indicated that they would be happy for their solicitor to raise the issue, while 46% thought a solicitor had ‘a duty’ to raise the option of giving to charity when discussing a will.