Every adult should have a Will, regardless of his or her age, income or wealth. It is the only way of ensuring your wishes are met after death, yet one in five people in the UK die without one, which can cause extra distress for loved ones at what is already a difficult time.
A legacy to a charity can ease the burden of Inheritance Tax, and can ensure that your gift keeps on making a difference. A legacy doesn’t have to be large, and it won’t prevent you from providing for your family.
If you are considering making a Will, it is important that you use the services of a solicitor. If you already have a Will, and you are considering making changes to it, your solicitor can advise you on how this is normally done, using a written instruction called a codicil.
The following are four ways you can support our work through a legacy:
- A Residuary Gift
– the remainder of your estate after all payments and other bequests
- A Pecuniary Gift
– a predetermined sum of money
- A Specific Gift
– value (property, stocks and shares, etc)
- A Reversionary Gift
– Addington Fund receives benefit after death of another beneficiary.
The work of the Addington Fund is such that a legacy of property is particularly appropriate. Houses, or even farms, can be utilised within our work and kept to benefit families for future generations.
The Fund has a portfolio of shares, which both provides income for our grant giving and is a long-term asset. All gifts of shares are welcome, including those in sufficiently small quantities to be
uneconomic to sell.
By leaving a legacy you can ensure that the Addington Fund will continue to respond and serve the farming community.
Please contact Ian Bell if you would like to let us know that you have nominated Addington to benefit from your estate, or to talk to us about leaving a legacy please get in touch with Ian Bell by ‘phone 01926 620135 or email firstname.lastname@example.org