A legacy to the Christ Church Community Appeal is one of the most generous gifts you can give. There are two main ways to give:
• You can leave a purely financial legacy by naming a sum of money, perhaps by using a codicil to an existing will.
• Alternatively, you could do what many people do and simply leave what is known as a ‘residuary’ legacy, leaving the Christ Church Community Trust a proportion of your estate after all other legacies and expenses have been paid. All bequests to the Christ Church Community Trust are exempt from Inheritance Tax (40% at April 2013). In addition, from 6 April 2012, any estate which leaves at least 10% of its taxable wealth to a charitable cause such as the Christ Church Community Trust, will be able to take advantage of a reduced rate of Inheritance Tax, from its normal level of 40% down to 36%. Should you decide to leave a legacy, in grateful thanks for your generosity, your name will be inscribed in a Roll of Honour Book here at Christ Church.
If in doubt, you should seek advice from a solicitor before completing a codicil. In this day and age, it can be just as easy for a solicitor to amend your main Will on the computer instead of using a codicil form.
Please contact us to find our more about how to donate to the Appeal.