When you make a Will, you leave a legacy of care for your family and loved ones. A gift in your will to Leukaemia & Lymphoma NI will also leave a legacy of hope for generations to come.
In Northern Ireland over 1200 people are affected by blood cancer every year and although research has come a long way, the outcome for many patients still remains poor. Leukaemia and Lymphoma NI is working to change this by funding ground breaking research and clincial trials that directly affect local people whilst having a global impact and improving knowledge of blood conditions.
How could a Gift in your Will help?
We are hugely grateful for all the gifts in Wills we receive at Leukaemia & Lymphoma NI. Annually we need to raise a minimum of £600k in order to support the life saving research that takes place at the Centre for Cancer Research & Cell Biology in Queen's University, Belfast. All funds donated remain in Northern Ireland to support laboratory research, clinical trials and education
A gift left to Leukaemia & Lymphoma NI in your Will could be invested in critical local research that will change the future for people affected by the UK's third biggest cancer killer.
Why should you make a Will?
Making a Will ensures your loved ones are provided for as you intended and your wishes are respected after you have passed away. If you die without leaving a Will, called intestacy, sorting out your affairs can be very complicated, it can also take a long time especially if your estate is complex. It may also mean that the people and causes you care about may not be remembered in the way you would like.
How do you make a Will?
- Seek professional advice and use a solicitor, or a financial expert to write your Will for you.
- To make a Will, you must be 18 years old or older, be sound of mind, make your Will without pressure from another person, put it in writing and have it signed in the presence of two witnesses.
- You will need to decide on one or two people to be responsible for sorting out your estate. They will be your executors and can be a relative, friend, bank official, solicitor or accountant.
- You must make a list of your assets, and of your debts and give this to your Will writer.
- Decide who you would like to benefit from your estate. This may be family, friends and/or charitable organisations whom you support.
- You can change an existing Will by adding a codicil form, or a legal statement of intent to your Will.
- Store your Will safely this can be at home, with your solicitor, your bank or at the Probate Offices in Belfast or Londonderry.
If you decide to leave a gift to our charity, please make sure to have the correct charity name and address details. Including a charity number is good practice, in case a charity merges or changes its name. Leukaemia & Lymphoma's general contact details are:
LLNI, Centre for Cancer Research & Cell Biology, 97 Lisburn Road, Belfast. BT9 7AE
Tel: 02890972928 Email: email@example.com
Charity number: 105452
Types of Gift
There are three main ways that you can support Leukaemia & Lymphoma NI's work with a gift in your Will.
A residuary gift: when you leave all or a share of your estate, once all other commitments and wishes have been fulfilled.
A pecuniary gift: when you gift an exact amount of money specified in your Will.
A specific gift: such as property, jewellery, or any other items of worth.
Giving a gift in your Will to Leukaemia & Lymphoma NI could reduce your IHT liability if your estate is in excess of £350,000. Gifts to charity are 100% tax free and are taken out of your estate before IHT is calculated. Currently, if you leave 10% of your net estate to charity it will reduce the tax you pay from 40% to 36%. Under current law, by leaving 10% of your net estate to charity will reduce the overall rate of Inheritance Tax you pay from 40% to 36%.
If you would like any more information on leaving a Gift in your Will please do not hesitate to get in touch.