Probate and Estate Administration: Wills, Charities and Philanthropy
Many individuals choose to leave charitable legacies in their Will. It is possible, for example, to leave a fixed sum, an item or the residue of your estate. Philanthropy can be the source of a significant proportion of a charity’s income and most will rely on gifts from legacies.
Making a Will means that you are in control of what happens to your estate after you die. If you do not leave a Will, then your estate will be shared out according to the rules of intestacy, which may not be in accordance with your wishes. If, for example, you want to leave a gift to charity but die without making a Will, the charity will not receive anything from your estate.
It is never too early to write a Will to make sure that your estate is shared as you want it to be after you die. Your Will can be updated to reflect any changes to your wishes or circumstances and this can be done as many times as required.
At Emery Johnson Astills, we have an experienced Wills and Probate team that can assist you with making a Will. If you wish to incorporate charitable giving or philanthropy into your Will, Emery Johnson Astills can help you do just that. Please contact us on 0116 255 4855 for legal advice from a solicitor with expertise in Will writing.