Helping others to help themselves
By leaving a legacy you will not only make a difference worldwide but you can also help your friends and relatives avoid a large inheritance tax bill. Legacies left to U.K. registered charities are tax-free. This means that by remembering the MADW in your will, you will be passing on the maximum benefits of your estate to friends and family.
In order to leave a legacy to MADW you will need to have a will prepared. If you already have a will then this could be amended to include the legacy or, alternatively, an additional codicil document could be prepared dealing specifically with the legacy. To prepare a will or codicil we recommend you contact a solicitor. Advice on solicitors in the United Kingdom can be obtained from the Law Society (on + 44 (0) 207 242 1222) or your local Citizens Advice Bureau or library.
Remembering MADW in your will can assist our essential work
There are different types of legacies that can be provided for in a will or codicil and these include:
A pecuniary legacy: This is a gift of a fixed sum of money. There is no minimum amount that can be left but it is often wise to ensure monetary legacies are specified as index linked gifts to account for inflation.
A residuary legacy: This is a gift of the whole or a share of whatever remains of your estate after all other gifts have been distributed and all debts paid.
A specific legacy: This is a specific item such as a house, piece of jewellery or a painting.In Memoriam Donations
In memoriam donations are donations given instead of flowers at funerals. Many people direct in their wills that they would rather have donations made to specific causes and charities instead of flowers. You may wish to consider adding such a provision to your will or codicil nominating MADW as your preferred recipient of such donations.
The above information on legacies is intended as general advice only and we recommend that you discuss these points with a solicitor if you would like to leave a legacy to MADW.