And when your life ends, help a child’s begin.
By leaving a gift to Chance for Childhood in your will, you can help to ensure that extremely vulnerable children start living their lives with the right support, education and care that every child deserves.
Our corporate partner Cameron James Legal can advise on all aspects of estate planning, including writing wills and helping supporters to leave a legacy to Chance for Childhood to help protect the lives of vulnerable children long into the future. Cameron James Legal visits clients in the privacy of their own homes at a time convenient to them.
It’s an act of generosity that has the power to reach many children who you’ll never meet, but who’ll be forever grateful.
Here’s what you need to know when considering leaving a gift to our charity in your will.
Why make a will?
By making a will, you can ensure that your wishes are met after you die. It means that you can decide how your loved ones, and causes you care about, can benefit from your assets once you’re gone and it will prevent the courts from deciding how your estate should be divided up (which can be extremely difficult for those you leave behind). Also, with your solicitor’s help, your will can reduce the inheritance tax payable on your estate.
You can also include other information in your will, such as funeral arrangements and to appoint legal guardians if your children are under the age of 18.
How can I make a will?
Although you can use ‘do-it-yourself’ will kits, we strongly advise you that you create your will with the professional expertise of a qualified solicitor who will tell you everything you need to know and ensure your Last Will and Testament is legally binding.
To save time, before you contact a solicitor, it’s a good idea to jot down your answers to the following questions:
- What assets will I leave behind? (This includes your home/any property you own, savings, investments, valuable items and jewellery)
- Who would I like to receive my assets? (You may want to consider your family and friends first so make a list of their full names and addresses for your solicitor.)
- What causes or charities would I like to support? (If you think you’d like to leave a gift to a charity, make a note of the charity’s full name, charity number and address e.g. Chance for Childhood, registered charity number 1013587, Westmead House, Westmead, Farnborough, Hampshire, GU14 7LP)
- Who would I like to be my Executors and Guardians? (Write down the full names and addresses of the people you want to act as Executors of your will. They will ensure that your will is carried out accurately. Your solicitor will also need the full names and addresses of the individuals you have selected to be Guardians of your children who are under the age of 18.)
Can I amend my will?
If you’ve already made a will, and you want to make a simple amendment, you can ask your solicitor to add a legal document called a codicil.
What kind of gift can I leave to Chance for Childhood?
There are three ways of leaving a gift to Chance for Childhood in your will.
- You can give a share of your estate – this means that we will receive a percentage of the value of your property (including money) after any debts and expenses relating to your death have been paid. By giving a gift in this way, it won’t be affected by inflation.
- You can give a specific sum of money.
- You can give a specific item – this may be jewellery, property or shares. If you’d like to give in this way, please let us know so that we can understand your wishes.
Your solicitor will advise you on the appropriate wording to include in your will.
By leaving a gift to Chance for Childhood, will I pay less tax?
Currently, any gift made to a UK charity is exempt from inheritance tax. Your solicitor will be able to help you carefully plan your will to reduce the amount of tax payable on your estate. It’s important to remember that rules regarding inheritance tax may change in the future.
What difference would a gift make to Chance for Childhood?
Your gift will mean a huge amount to our small charity. It will create lasting change for children in some of the world’s poorest communities who are alone, scared and at great risk from abuse and neglect. Even a small amount of money can make an incredible difference. Read more about our work to see what a difference you could make.
Do I need to tell Chance for Childhood about my gift?
If you decide to leave a gift to our charity in your will, it would be wonderful to let us know so that we can plan properly for our future. It also means that we can say a huge and heartfelt ‘thank you’ – something we’d very much like to do. If you’d rather not mention it, that’s fine too. We understand that these decisions are very personal and you may wish to keep it to yourself. Please be assured that if you do decide to let us know, we will always keep this information completely confidential.
I live in Scotland or the Republic of Ireland, can I still leave a gift?
The rules and regulations around will-making are different in Scotland and the Republic of Ireland so please chat to your solicitor about your wishes. They will be able to advise you on the best way to include your gift in your will.
How is my will finalised?
Your solicitor will write a draft of your will which should incorporate all of your wishes. When you are happy with this draft, you simply sign and date it in front of two independent witnesses who also sign the will.
Once the document has been signed, make sure you keep it in a safe place and let the executors of your will know where it’s being stored. Your executors are people of your choosing who will be responsible for ensuring that your will is carried out properly after your pass away. You may want to keep a copy of your will somewhere accessible to review in a few years’ time when your circumstances may have changed. You can make future amendments through your solicitor.
For more information about leaving a gift to Chance for Childhood in your will, please download our short guide and thank you for considering making a lasting difference for future generations.
If you have any further questions, or would like to discuss your individual circumstances, please get in touch. We’d be delighted to hear from you.
Legacies and Jubilee Action
If you previously amended your will to leave a gift to Jubilee Action (our former name) then please rest assured that you do not need to change it to Chance for Childhood.