Thank you for considering a Legacy to our Charitable Trust: legacies are a vital way in which you can support our Charitable Trust and we (and our various beneficiaries) are most grateful.
If you decide to include us in your will this will be treated in strictest confidence
Legacies to charity are generally exempt from inheritance tax
Please consult your solicitor when making or modifying your will
Further information on legacies is set out below.
If you leave at least 10% of what is left of your estate over the nil rate band of inheritance tax to charity, the tax liability on the remaining assets in your estate falls from 40% to 36%.
This means that if you are thinking of leaving 4% of your net estate to charity, you may want to consider increasing this to 10%, as your family and other beneficiaries would be no worse off and your chosen charities would be better off.
This is a summary of the position for general guidance only (as at December 2019). Please be sure to take specific legal advice when including such a gift in your will.
Our full name and registered charity number are:
THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST
Registered Charity Number: 1121954
An Arts Scholars Award winner
© West Dean College