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Insights

Charitable gifts in Wills

Posted on 08th July 2020 in Probate & Wills

Posted by

Rachael Morley

Associate and Solicitor
Charitable gifts in Wills

After many years of increasing, charitable gifts in Wills are now apparently in decline.

Recent research from Smee & Ford, in their Legacy Trends Report 2020, shows that the number of estates leaving charitable legacies fell from 37,637 to 33,120 between 2018 and 2019. In the past, income from charitable legacies was in the region of £3 billion, but recent years have seen this drop to around £2.9 billion.

It is likely that the impact of the Coronavirus will squeeze charitable giving even further in future, although various Inheritance Tax exemptions do remain for now. You can find out more about leaving a gift in your Will, Inheritance Tax and passing on your assets in our downloadable guide.

Passing on your assets guide

 

If you are thinking of putting a Will in place, either generally or to make charitable gifts, and would like to talk this through with someone then please visit our specialist Wills hub page or contact a member of the team.

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Digital Lasting Powers of Attorney

Posted on 03rd August 2020 in Later Life Planning

The Office of the Public Guardian (OPG) has launched a digital ‘Use a Lasting Power of Attorney’ tool to help make attorneyship administration simpler and safer for those involved.

Posted by

Sue Halfyard

Associate and Chartered Legal Executive
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Possession claims during Covid

Posted on 30th July 2020 in Affordable Housing

With the stay in possession proceedings ending on 24 August 2020 there is renewed uncertainty for the future.

Posted by

Jenny Lloyd

Associate and Solicitor