Legacy Frequently Asked Questions
Leaving a gift in your Will may seem like a complicated process. To help, we have put together a short guide of frequently asked questions to help make the process easier. If you have any unanswered questions or would like to speak to a member of the Herefordshire Wildlife Trust team about leaving a gift in your will, then please complete the form below or contact Josie, Fundraising Officer at j.croft@herefordshirewt.co.uk.
Where do I start?
If you need to make a will the first step is to talk to a solicitor. This is to ensure that your will is legally correct and that all your wishes will be carried out. Your solicitor will discuss all aspects of your will with you including whether or not you would like to leave a gift to charity.
Your solicitor will help you to:
- value your estate;
- choose the friends and relatives you would like to receive a gift;
- choose your Executors - people whose duty it is to carry out the wishes in your will.
How do I make my Will
The Wildlife Trusts are members of Remember a Charity, an organisation dedicated to raising awareness of remembering charities in Wills and making the process as simple as possible. They have created an easy to follow guide for getting started on your Will
I don't have very much to leave, is it worth including a gift in my Will to Herefordshrie Wildlife Trust
Absolutely. We are so grateful for any amount you feel able to leave in your Will for wildlife and all gifts make a difference. You can find out more about our legacy pledgers and how their gifts will help wildlife here
What kind of gift could I leave to Herefordshire Wildlife Trust?
There are three types of gift you can leave in your Will:
- A specific sum; This is a gift of a set amount of money.
- A share of your estate; This is a percentage of your estate after all other gifts and expenses have been paid. These gifts are very important to us as they usually maintain their value or increase over time. This also means you're less likely to need to amend it in the future.
- A specific item; This could be something valuable such as a painting, antique, property or shares that we would sell.
How much does a Will cost?
The cost of writing a Will varies depending on how complicated it is.
Herefordshire Wildlife Trust have partnered with Herefordshire law firm Lambe Corner (www.lambecorner.co.uk/) who are currently offering members of Herefordshire Wildlife Trust a 50% discount on drafting their Will. Please contact us on 01432 356872 for more details.
I would like to leave Herefordshrie Wildlife Trust a gift, how should I word my Will?
f you do decide to include a gift to Herefordshire Wildlife Trusts, all you have to do is give your solicitor our registered address and registered charity number and they will do the rest.
Full name: The Herefordshire Wildlife Trust Limited
Registered Charity No: 220173
Our address: Queenswood Country Park & Arboretum, Dinmore Hill, Nr Leominster, Herefordshire, HR6 0PY
Should I let you know that I have included or plan to include a gift in my Will to Herefordshire Wildlife trust
We really appreciate hearing that you have thought of Herefordshire Wildlife Trust when making your Will. It allows us to say a big thank you for your generosity and if you’d like to hear from us, keep you up to date with the work that our supporters make possible. You can make changes to your Will whenever you want to and letting us know that you’ve thought of us in your Will is not legally binding in any way. To let us know your plans, please call Josie, Fundraising Officer on 07539 650391 or email j.croft@herefordshriewt.co.uk. Alternatively, simply complete the form at the bottom of this page.
What if I change my mind?
No problem; it’s your Will, and you are entitled to change it as and when you want to. If you do, we would be very grateful to hear from you if you have changed, added, or removed a gift to Herefordshire Wildlife Trust from your previous Will.
How do I change my Will?
Changing your Will can be a straight forward process and can take as little as an hour. Remember a Charity week have produced a fantastic video guide that you can watch below.
How does leaving a gift in my Will to charity effect my inheritance tax?
Any gift left to charity in a Will is not taxed and therefore doesn't count towards the taxable value of an estate. Also, if you leave more than 10% of your estate to charity, it reduces the rate of inheritance tax that is paid on the remainder of the estate.
