What types of gift can I leave in my Will?
There are three types of gift:
- A residuary gift – A share of your estate. After you have provided for your family and friends, you can leave a share, or the remainder, of your estate to us.
- A pecuniary gift – you can leave an exact sum of money to us.
- A specific gift – you can leave anything from a plot of land to a valuable possession to us.
What information do I need about the Care Worker’s Charity to leave a gift in my will?
Please be sure to include the following information to make sure the money goes to the right place: The Care Workers’ Charity, 29 Angel Gate, City Road, London, EC1V 2PT; Registered charity number 1132286 and SC048051
Is there suggested wording to leave a gift in my Will?
We would recommend speaking to your solicitor about the wording required to leave a gift in your Will to us, but please find some suggested text below that your solicitor may wish to use.
- Wording for a residuary gift (a share)
"I give my Residuary Estate [residuary estate will need to have been defined elsewhere in the Will and is a gift made after deductions of debts, taxes and expenses, which usually fall on residue] to The Care Workers’ Charity, 29 Angel Gate, City Road, London, EC1V 2PT; Registered charity number 1132286 and SC048051"
- Wording for a Pecuniary gift (a specified amount)
"I give the sum of [£ in words and numbers] absolutely to The Care Workers’ Charity, 29 Angel Gate, City Road, London, EC1V 2PT; Registered charity number 1132286 and SC048051, and I declare that the receipt of the treasurer or any other proper authorised officer of any charity benefitting under my Will shall be a sufficient discharge for my Trustees who shall not be concerned as to the application of any gifts or payment."
If I already have a Will, can I update it to include the Care Worker’s Charity?
You cannot make changes to your Will by writing on it or adding in an extra page even if you sign everything again as you cannot make any changes to your Will after it has been signed and witnessed. If you write or type on it you may invalidate it. You can however add a codicil for any minor changes to your Will, including the addition of a gift to charity. Your solicitor can advise you if a codicil is the best option. You may need to rewrite your Will, if there are several changes for example, but this does not cost much more.
Can I have a say over what the gift in my will is used for?
We are more than happy to discuss the specifics of how your gift will be used.
Will the gift in my Will be taxed?
Gifts to charities are exempt from Inheritance Tax, so leaving a gift to us in your Will can reduce the exposure of your estate to tax. For more information, please visit the HM Revenue & Customs website or speak with your solicitor.
How big does my gift need be to be of any help?
Any size gift made in your Will to The Care Workers' Charity will be extremely appreciated and go towards making a significant improvement to the life of a care worker. The average size of the grants we distribute is £500; this can help a care worker protect themselves from eviction, flee a violent relationship, or cover the costs of childcare so that they can continue to do the amazing work of caring for others, to name just a few examples. No matter what you can give, your contribution will directly benefit the lives of care workers, and subsequently, the care of the most vulnerable in society.