Not many people realise that, “two in every three guide dog partnerships are only here thanks to amazing people remembering Guide Dogs with a gift in their Will”. Here’s what the Guide Dogs charity tweeted about will gifting and legacy donation…
If you’ve loved a special dog in your life, why not remember them in your Will by donating to the Guide Dogs charity and providing the special service that guide dogs offer to people with visual impairments? It’s not necessary to have supported the Guide Dogs before your death, or to have been in need of a guide-dog yourself. All you need to do is follow a simple process to include the Guide Dogs charity as a beneficiary of your estate in your will.
While it’s obviously a generous act, you can also reduce the tax liabilities of your estate when making your donation. According to Money Advice Service,
“Leaving a part or your entire estate to charity can reduce, and in some situations, eliminate the Inheritance Tax liability.
If you leave something to charity in your will, then it won’t count towards the total taxable value of your estate.
This is called leaving a ‘charitable legacy’.
You can also cut the Inheritance Tax rate on the rest of your estate from 40% to 36%, if you leave at least 10% of your ‘net estate’ to a charity.”
Here’s a video the Guide Dogs charity put on YouTube of a previous TV advert where they advertised the ability to leave charitable donations in your Will…
Alternatively, consider sponsoring a guide dog today, to start helping immediately.