What information about Practical Action is needed to include a gift in my Will?
Our name, address, and Registered Charity number 247257
Practical Action
The Robbins Building
25 Albert Street
Rugby
Warwickshire
CV21 2SD
Is there suggested wording to leave a gift in my Will?
For a residuary gift (a % or share)
I give, devise, bequeath, and appoint to Practical Action (registered charity no 247257) of The Robbins Building, 25 Albert Street, Rugby, Warwickshire CV21 2SD __% of the residue of my estate and I direct that the receipt of the Treasurer of the time being or other authorised officer will be sufficient discharge for my executors.
For a pecuniary gift (a specific amount)
I give Practical Action (registered charity no 247257) of The Robbins Building, 25 Albert Street, Rugby, Warwickshire CV21 2SD the sum of £__ and I direct that the receipt of the Treasurer of the time being or other authorised officer will be sufficient discharge for my executors.
Are gifts to charity on my Will taxed?
No. Charitable gifts are excluded when your estate is valued for Inheritance Tax and the good news is if you leave 10% or more of your estate to charity, you qualify for a reduced rate of Inheritance Tax of 36%.
How much does the gift have to be to make a difference?
Any gift no matter what size can help us to change lives.
Who can I speak to at Practical Action about making a gift in my Will, or leaving a legacy gift?
Please get in touch with Liz on 01926 634484 or [email protected]