By remembering the British Liver Trust in your Will you can help to prevent many people developing potentially fatal liver disease in the future. This is an extremely effective way of making a significant difference to the work and potential of our charity.
The British Liver Trust would advise anyone making or updating a Will to use a solicitor.
Before you visit a solicitor it may be helpful to do a few things:
-
make a summary of everything you own including your house and its contents, bank and building society accounts and any valuable items that you own
-
choose, ideally two executors to administer your Will. These can be friends, relatives, your solicitor or your bank
-
make a list of the people or organisations you would like to benefit from your Will.
It is advisable to revise your Will every five years or if your circumstances change. For example, if you get married, divorced, move house or if a friend or family member dies you may need to change your Will. Minor changes can be made through a legal device called a codicil.
There are various ways to give to the British Liver Trust in your Will:
-
residuary legacy – this involves leaving a share, or the whole, of what is left of your estate once all other bequests have been met and debts have been cleared.
-
pecuniary legacy – this is a gift of a fixed amount of money.
Should you wish to remember the British Liver Trust in your Will please use our full name British Liver Trust and our Registered Charity Number 298858.
Everyone who has an estate value of over £312,000 may be liable to pay Inheritance Tax. However, gifts to charities are tax-free, and leaving a gift to the British Liver Trust is one way that you can reduce your inheritance tax liability.
If you do decide to leave a legacy to us we would love to know so we can keep you updated on our work and progress.
If you have any further questions please do not hesitate to contact our fundraising team at:
fundraising@britishlivertrust.org.uk
or call 0800 652 7330.
