Leave a Legacy
LEAVE A LEGACY TO WIZO.UK
What is a WIZO Lifeliner?
A Lifeliner is someone who has left a legacy to WIZO.uk Registered Charity No: 1125012 Registered Company No:6634748 and has told us!
Why do I need to tell you that I have left a legacy to WIZO.UK?
We would be so pleased to be able to thank you and show you our appreciation - it also gives us the confidence to plan now for the future.
Your estate will benefit by leaving a legacy to WIZO.UK which is a registered charity and therefore exempt from inheritance tax , so the full value of your gift will go to our work in Israel.
Ways you can leave a legacy to WIZO.UK
A residuary legacy means that you will leave all or a percentage of the remainder of your estate to WIZO.UK - after specific bequests have been allocated. This will ensure that WIZO.UK receives a meaningful sum whilst taking care of your loved ones.
A pecuniary legacy is leaving a specific sum of money - though remember that this can be eroded by inflation.
A specific gift is a gift of any item, such as jewellery, property, or shares.
Giving shares to charity. This is not a new idea but there are now tax incentives to make giving shares even more attractive. You might hold shares that are effectively gathering dust, making little difference to you. If they are given to WIZO.UK in your lifetime, you can claim income tax relief on gifts of shares to charity of up to 40 per cent if you are a higher rate tax payer. In addition you will not pay any capital gains tax, which you might have had to pay if you had sold the shares.
Alternatively you may own small parcels of shares, perhaps as a result of an inheritance, that you regard as a bit of a nuisance as they generate more paperwork than income. These could be turned into something of real value to others by giving them to WIZO.UK It may be possible by a Deed of Family Arrangement to pass these straight on to WIZO.UK, thereby benefiting from tax relief. To find out how the relief on any of the above applies to your personal circumstances please contact your financial adviser and discuss it with your solicitor.
How WIZO can help you
If you have not yet made a Will you should see a solicitor. This is a matter which really must not be neglected. After taking care of your family, should you wish to leave a legacy to WIZO.UK, we will be happy to advise you on the appropriate wording.
If you have already made your Will but have decided you now want to include a gift to WIZO.UK, you don't have to start from scratch.
We have solicitors who offer a discretionary free Will-making service for preparing a simple Will or codicil. Contact our Legacy Officer at WIZO House who will be happy to arrange this for you free of charge.
Become a WIZO Lifeliner
Our WIZO Lifeliner Campaign has already received the support of hundreds of our members who have informed us that WIZO.UK is in their will. Let us know that you have left a legacy to WIZO.UK and become a Lifeliner. If you would like to become a Lifeliner, please telephone Stephanie Franks, Legacy Officer, at WIZO House on 0207 486 2691, who will be happy to send you our Lifeliner Legacy Leaflet. If you would prefer to talk with someone in the comfort of your home we will be happy to visit you to discuss this matter in confidence.
By leaving a legacy you will be ensuring that WIZO is able to continue its vital life-changing work.
You could be our Lifeline.
