Leave a Legacy ....
Why leave a gift to Louie’s Helping Hands?
Writing a will can give you peace of mind that your wishes will be carried out. Once you have considered your friends and family please consider leaving a gift to Louie’s Helping Hands.
By supporting us in your will, you can ensure that we can continue to help all children with disabilities will be able to have a meaningful quality of life by being able to participate, excel, and be proud in everything that they do.
Writing your will
Your will can be written in a number of ways. We recommend consulting a professional so that all legal formalities are followed. This will ensure that your wishes are carried out.
You can find a solicitor through the Law Society. You can also use a will writer or your local bank to help you through the process. Getting assistance in writing your will can cost surprisingly little and will give you peace of mind.
You will need to name the people you want to carry out the terms of your will (the executors). These may be friends or family members. It is a good idea to check with them first that they would be happy to do this.
There are different types of gift that can be left in a will:
o Residuary bequest – this is a proportion of your estate.
o Pecuniary bequest – this is a gift of a particular amount of money.
o Specific legacy request – this could be any item that you would like to leave to a person or organisation.
o Revisionary legacy –A sum of money can be held in trust during the lifetime of a loved one. Following their death the trust assets can be donated to charity. This is a way of helping a charity as well as your loved ones.
Wording Your Will
If you do decide to help Louie’s Helping Hands through a gift in your will, some specific wording will be needed. Below are some recommendations but we suggest that you have the details of your will confirmed with your solicitor or other qualified person.
Residuary bequest (a proportion of your estate)
I give (%) of my real and personal estate, which I can dispose of by Will in any manner I think proper, to Louie’s Helping Hands (Registered Charity No1167225) at 11 Cliffe Avenue, Westbrook, Margate, CT9 5DU and the receipt of the Honorary Treasurer or the proper officer for the time being of Louie’s Helping Hands shall be a complete discharge to my executors.
Pecuniary bequest (a set sum)
I give the sum of …… pounds to Louie’s Helping Hands (Registered Charity No. 1167225) at 11 Cliffe Avenue, Westbrook, Margate, CT9 5DUand the receipt of the Honorary Treasurer or other proper officer for the time being of Louie’s Helping Hands shall be a complete discharge to my executors.
Specific legacy bequest (a named item)
I (name), give Louie’s Helping Hands (Registered Charity No. 1167225) at 11 Cliffe Avenue, Westbrook, Margate, CT9 5DU absolutely, my (name and description of item).
Revisionary legacies/Life interest trusts
My trustees shall hold […] on trust for […] during his/her lifetime and, following his/her death, hold the capital and income for Louie’s Helping Hands (Registered Charity No. 1167225) at 11 Cliffe Avenue, Westbrook, Margate, CT9 5DU
Inheritance Tax
Inheritance tax is the value of a person’s estate when they die. If you live in the United Kingdom and the value of everything you own comes to more than £325,000 (current inheritance tax threshold), you may have to pay inheritance tax. Inheritance tax may also take into account gifts that an individual has made in the 7 years before their death. The main ways to avoid paying this tax are
o If you are married, anything you leave to your spouse is not taxed
o Anything you leave to charity is free from inheritance tax. Gifts to charities are taken out of your estate before inheritance tax is worked out. This means that a gift to a charity could reduce the amount of tax payable on your estate or remove it completely.
Legacy Reply
If you do decide to remember Louie’s Helping Hands in your will you do not have to tell us, we understand that this is a very personal decision. However, it will help us if you are prepared to let us know of your decision. You can let us know as much or as little information as you wish.
If you would like to inform us of your decision please send an email to us. This information will be treated in strictest confidence and will be stored securely at Louie’s Helping Hands offices.
Writing a will can give you peace of mind that your wishes will be carried out. Once you have considered your friends and family please consider leaving a gift to Louie’s Helping Hands.
By supporting us in your will, you can ensure that we can continue to help all children with disabilities will be able to have a meaningful quality of life by being able to participate, excel, and be proud in everything that they do.
Writing your will
Your will can be written in a number of ways. We recommend consulting a professional so that all legal formalities are followed. This will ensure that your wishes are carried out.
You can find a solicitor through the Law Society. You can also use a will writer or your local bank to help you through the process. Getting assistance in writing your will can cost surprisingly little and will give you peace of mind.
You will need to name the people you want to carry out the terms of your will (the executors). These may be friends or family members. It is a good idea to check with them first that they would be happy to do this.
There are different types of gift that can be left in a will:
o Residuary bequest – this is a proportion of your estate.
o Pecuniary bequest – this is a gift of a particular amount of money.
o Specific legacy request – this could be any item that you would like to leave to a person or organisation.
o Revisionary legacy –A sum of money can be held in trust during the lifetime of a loved one. Following their death the trust assets can be donated to charity. This is a way of helping a charity as well as your loved ones.
Wording Your Will
If you do decide to help Louie’s Helping Hands through a gift in your will, some specific wording will be needed. Below are some recommendations but we suggest that you have the details of your will confirmed with your solicitor or other qualified person.
Residuary bequest (a proportion of your estate)
I give (%) of my real and personal estate, which I can dispose of by Will in any manner I think proper, to Louie’s Helping Hands (Registered Charity No1167225) at 11 Cliffe Avenue, Westbrook, Margate, CT9 5DU and the receipt of the Honorary Treasurer or the proper officer for the time being of Louie’s Helping Hands shall be a complete discharge to my executors.
Pecuniary bequest (a set sum)
I give the sum of …… pounds to Louie’s Helping Hands (Registered Charity No. 1167225) at 11 Cliffe Avenue, Westbrook, Margate, CT9 5DUand the receipt of the Honorary Treasurer or other proper officer for the time being of Louie’s Helping Hands shall be a complete discharge to my executors.
Specific legacy bequest (a named item)
I (name), give Louie’s Helping Hands (Registered Charity No. 1167225) at 11 Cliffe Avenue, Westbrook, Margate, CT9 5DU absolutely, my (name and description of item).
Revisionary legacies/Life interest trusts
My trustees shall hold […] on trust for […] during his/her lifetime and, following his/her death, hold the capital and income for Louie’s Helping Hands (Registered Charity No. 1167225) at 11 Cliffe Avenue, Westbrook, Margate, CT9 5DU
Inheritance Tax
Inheritance tax is the value of a person’s estate when they die. If you live in the United Kingdom and the value of everything you own comes to more than £325,000 (current inheritance tax threshold), you may have to pay inheritance tax. Inheritance tax may also take into account gifts that an individual has made in the 7 years before their death. The main ways to avoid paying this tax are
o If you are married, anything you leave to your spouse is not taxed
o Anything you leave to charity is free from inheritance tax. Gifts to charities are taken out of your estate before inheritance tax is worked out. This means that a gift to a charity could reduce the amount of tax payable on your estate or remove it completely.
Legacy Reply
If you do decide to remember Louie’s Helping Hands in your will you do not have to tell us, we understand that this is a very personal decision. However, it will help us if you are prepared to let us know of your decision. You can let us know as much or as little information as you wish.
If you would like to inform us of your decision please send an email to us. This information will be treated in strictest confidence and will be stored securely at Louie’s Helping Hands offices.