Leaving a gift in your will is a way to show your support to Tiny Lives that doesn’t impact you financially here and now. We understand how personal writing a will is and we’re grateful for you for exploring this further. Here, we explore what leaving a legacy means and the impact you leave behind.
What is a legacy?
A legacy is a gift of money or other personal property that’s granted to someone or a charity in the terms of a will.
Why should I make a will?
Making a will is a way to celebrate the people and things that are most important to you including a cause or an interest.
– It can help to give you peace of mind.
– You can name guardians for your children.
– It can help with inheritance tax.
What types of gifts can I leave in my will?
There are two main gifts you can leave in your will. One is a percentage or share of what is left of your estate once all other payments and gifts have been made to your loved ones called a residuary gift. The other is a fixed sum of money called a pecuniary gift.
Do I need to use a solicitor to write or amend my will?
This is your decision. You may choose to consult a solicitor to draft your will but it isn’t a necessity. We would recommend you ensure your will is reviewed by an expert legal advisor.
Our Legacy Promises
If you are considering leaving a gift to Tiny Lives in your will, we would like to make these promises to you;
– We completely understand that your loved ones are your priority and come first in your will.
– We will use your gift wisely, ensuring it makes a real difference to those we support.
– We understand that wills are personal, private choices and we will not ask the size or type of gift you intend to give us. Any details you do give us will be held in the strictest of confidence.
If you’d like to discuss leaving a legacy with a member of the Tiny Lives team, please contact Rachel at rachel@tinylives.org.uk or give us a call at 0191 230 2112.
