Support a Charity Through a Legacy Gift

It's easy to support a charity through a legacy gift.You can also make a specific gift, but this is usually
This is done through your will. If you haven't made amore applicable to an object rather than money. Of
will yet, this is the time to start. A legacy gift can becourse, if you want to leave a mansion in the
made in several ways. You can make a pecuniarycountry to your charity, or your private Caribbean
gift. This is just a fancy name to an amount that youisland, this would be one way to do it.
specify. For example, if you want to leave exactlyWe all support a charity from time to time. When we
£10,000 to a particular charity, say so in your willsee the collecting tin with a familiar charity name on
and that will be a type of legacy gift known as athe side of it, we are usually willing to dig into our
pecuniary gift.pockets and find some loose change to drop into the
If you are not sure of exactly how much to leaveslot. It all adds up of course, and giving in this way is
your favourite charity in your will, a residuary gift isdefinitely a good thing. In fact, seven out of ten of
probably the best option to use. This means thatus will cheerfully give to charity in this and other
after all your family and friends have received theways while we are still alive.
amounts you want them to get, and after all the billsWhen we are no longer around most of us don't
due have been paid, whatever is left will go to yoursupport a charity. That may seem reasonable to
favourite charity.expect, but it isn't really. You can leave a legacy gift
This option can be a bit of a hit and a miss; theto your favourite charity so that after you are gone
charity may get very little when all has been finallythey can continue to reap the benefits of your
paid out. On the other hand, if you want them to getmoney. It's easy to do, just include the charity in
the lion's share of your worldly goods, and if youyour will, or if you already have a will, have a codicil
have a lot to leave, this could maximise the way youmade up to include a reference to a charity of your
support a charity of your choice.choice. That's it!