Leaving a Gift to Charity
Leaving a gift to charity
Why leave a gift to charity
A gift to charity in your Will, sometimes called a legacy gift, lets you support the causes you care about after your lifetime. It costs your estate nothing while you are alive, and you can update or remove it at any time as your circumstances change.
Charitable gifts can also reduce the Inheritance Tax due on your estate. Gifts to registered UK charities are exempt from Inheritance Tax, so they come off the value of your estate before tax is calculated. If you leave 10% or more of your net estate to charity, the Inheritance Tax rate on the rest of your estate can also drop from 40% to 36%. You can see the effect on your own estate using the Inheritance Tax Calculator in My Planning Tools.
Beyond the practical benefits, many people find real value in knowing their legacy will make a lasting difference, whether that is to a cause close to their heart or to the wider world.
At adeus, we support a number of charities, including independent schools, sporting foundations and national charities. You can search for their details using Research Charitable Giving in My Planning Tools. If you subscribed to adeus through one of our Legacy Giving programmes, the charity's details will be pre-populated in the Will creation flow, so you can add a gift simply and easily.
We also support effective giving charities. You can find more information in the Curated List within Research Charitable Giving.