Leave a Legacy
Don’t leave the future to chance. Leave a legacy for wildlife & protect our inheritance.
We are very fortunate in Nottinghamshire to have such a wonderful array of wildlife and habitats on our doorstep. Leaving a legacy to Nottinghamshire Wildlife Trust helps us protect the threatened species and fragile places we all love.
Everyone should make a will, even if you think your estate is of little value, as it is the only way to ensure your property and possessions go to those you wish after your death. If you do not leave a will it can cause a great deal more work for relatives at an already stressful time. Once you’ve made a will, it is important to keep it up-to-date, as life changes, such as marriage or the arrival of grandchildren, may affect your wishes.
We have a helpful Information Pack which gives guidance on will writing and how you can include a legacy to Nottinghamshire Wildlife Trust in your will. If you would like a Legacy Information Pack, please contact our Membership Team.
Legacies and Tax
Most people’s main asset is their home. Inheritance Tax (IHT) is index linked but whereas 15 years ago your property may have represented 60% of the IHT threshold, it may now exceed it. Every penny over the IHT limit is taxed at 40% - except legacies to Charities, which are tax exempt.
One way of guarding against the effects of inflation is to divide your will into percentages. A ‘residual legacy’ ensures all beneficiaries receive the share of your estate you intended when the will was written. Other common legacies include a ‘specific legacy’ where a specific item such as land or property is left to an individual or organisation, or a ‘pecuniary legacy’ where a specific sum of money is left.
October 18th-25th 2010- Will for Wildlife Week
Will for Wildlife Week is an initiative to encourage supporters to make a will with certain solicitors who offer a special price exclusively for members of Nottinghamshire Wildlife Trust. Offers vary from company to company but range from single wills from £50 to discounts of up to 50% on standard charges. Some firms have also agreed to donate their fee to the Wildlife Trust. The discounts are offered all year round by some participating solicitors, while others are available for a limited period only. So if you are thinking of making a will and are a member of the Trust, be sure to claim your discount by contacting a Will for Wildlife solicitor. View full details of the offers or contact the Membership Team on 0115 958 8242 for more information about becoming a member and making a Will for Wildlife.
Legacy income is very important to our work so please think about including Nottinghamshire Wildlife Trust in your will.
