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Leave a Legacy

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

As part of the annual Remember a Charity Week scheme, a number of local solicitors are offering discount will-writing all year-round; please click here to see who’s offering what.

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.

 

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Protecting Wildlife for the Future