Leaving a Legacy to the Foundation
If you would like to remember the Foundation in your will, the following notes may assist.
It would help us if you could let the Clerk know when you have decided to leave a legacy to the Foundation; you do not need to disclose any details of the will. Any information you do provide will be treated in the strictest confidence.
When making a will
As well as bequests to family and friends, you can leave a legacy to any charity you support. You should include the full name of the charity and its registered charity number: The Glaziers’ Foundation, Registered Charity Number: 1143700.
It is advisable to consult a solicitor when drawing up your will to ensure that it is completely clear and accurately expresses your wishes. (If you do not leave a will, your estate will be distributed according to the rules of intestacy, which may not reflect your wishes.)
Adding to a will
You can make changes to your will by adding a codicil to leave bequests to the charity or charities of your choice. Again, it is advisable to have this drawn up by a solicitor; it needs to be signed and witnessed like a will, but is a much simpler process.
How to specify the terms of the legacy
You can leave a legacy to The Glaziers’ Foundation in the following ways
- You can leave a specific amount of money
- You can leave a percentage of your residuary estate (what is left after all bequests in the will have been paid)
- You can leave a specific item or items of value
If you leave a legacy to a charity, it will be exempt from inheritance tax.
In addition, any estate that leaves at least 10% to a charitable cause will be subject to a reduction in the rate of inheritance tax from 40% to 36%.