There are various “free” will schemes available throughout the year, and indeed Rowberry Morris often partners with Naomi House to offer a basic will in exchange for a donation. We are glad to support this cause and to encourage people to make a will.
You might also leave a donation to the charity in your will, simply because you want to, or for inheritance tax planning purposes. Charity legacies are free of inheritance tax, and do not use up your other tax free allowances. If your estate is subject to inheritance tax and you leave enough money to charity, the inheritance tax rate is reduced from 40% to 36%.
You might wonder how a charity knows it has been left a legacy. There is a company which checks each grant of probate and writes to the charity. The charity will then contact the executor.
This means that as an executor you need to work with the charities, keeping them informed of progress, and, if they have been left a percentage of the estate, involving them in the decisions about the sale of the assets. You may also need to plan carefully to utilise the charity exemptions from income tax and capital gains tax.
Please contact us if you would like to make a will including a charity or are an executor of a will with charity beneficiaries.
Whether it is a personal matter, a family issue or a business challenge, the experienced legal minds here at Rowberry Morris will provide expert advice tailored to your unique needs. And our friendly, approachable lawyers will work with you to resolve matters, efficiently, professionally and cost-effectively.
Our Services
Private Client – Helping individuals and families plan and manage their affairs successfully, combining our expertise with that of other advisers.
Family – Our experienced family law solicitors follow the Resolution Code of Conduct, with emphasis on a collaborative approach to disputes.
Property – Our experienced and friendly property team delivers innovative, forward-thinking advice for both commercial and residential property matters.
Disputes – When challenging situations arise, we strive to solve your problems as efficiently as possible, whilst minimising the chances of going to Court.
Employment – Employment law is complex, which is why our experienced team is dedicated to providing practical advice for both employers and employees.
Please get in touch if we can assist you with any of the above mentioned issues.
