Leaving a gift to MACS in your Will is a wonderful way to ensure continued to help and support for MACS children and families in the future. Free of inheritance tax, a donation made in your will can also help reduce the tax burden on your estate.
We understand that looking after any loved ones is always going to be your first priority when making a Will, but perhaps you might also be able to leave something to MACS too. Your legacy gift doesn't have to be a large amount - whatever you choose to leave will make a difference to children in the years to come.
How does it work?
A charitable legacy could be a gift of money or of any other assets that you leave behind. While there are a number of options to consider, there are two main types of charitable legacies; pecuniary and residuary. Pecuniary legacies specify a sum of money or item of value to be donated, whilst a residuary legacy allows you to donate a percentage of the net value of your estate or the remaining sum after you have provided for family and friends.
What do you need to do?
To leave a legacy to MACS, you simply need to include details of the donation in your will. This can be done by writing a will, by making an amendment or ‘codicil’ to an existing will or by setting up a Trust. Your solicitor or professional adviser will be able to tell you more.
If you would like to discuss your plans with MACS, please contact us at firstname.lastname@example.org or on 0800 644 6017.