In 2019, Smee C Ford reported that legacy income was worth over £3 billion to the charity sector. However, they found that only 6.3% of the population were leaving charitable bequests in their Wills, with just 123,235 people doing so in 2018. The top 25 charities alone received £1.6 billion annually in legacy income, highlighting the significant role bequests play in their funding.
Leaving a charitable bequest in your Will can be a powerful way to make a lasting impact. If you are considering leaving a legacy, it is important to seek professional advice to ensure your wishes are clearly expressed and legally binding. At Farani Taylor, we can guide you through the process of making a Will that reflects your values and supports causes close to your heart.