Leave a legacy through your Will to the Renewal Programme.
Another way of donating to us is by considering to include us in your will. When you leave a legacy, through a gift in your Will, to us, you’re helping provide residents of Newham with the support needed to live happy and independent lives. This help could be through accessing food, education opportunities, immigration support or advice and advocacy. It will provide some of the most vulnerable in our community with a new lease of life.
By leaving a legacy, you’re celebrating your passion and commitment to the people of Newham. You’re ensuring they are supported and provided with resources to overcome any difficulties they may face in their life. Donations are vital to all areas of our work, so however big or small your support makes a world of difference.
What your legacy will help us achieve
- £100 helps us provide healthy food packages to support ten families for a week.
- £1,000 allows us to provide x20 English language classes for up to 200 people
- £10,000 pays for over three months’ worth of salary for a full-time immigration solicitor who, during this time, will host around 360 immigration advice sessions and submit around 120 home office applications and appeals.
What is a legacy gift?
A legacy gift is an item or donation left in a will, commonly referred to as ‘gifts in wills’. Legacy gifts are one of the most significant contributions you can make to a cause.
There are different types of gifts legacy gifts, some of the most common being:
- Residuary gifts – A share, or sometimes all, of an estate once all other payments have been paid.
- Pecuniary gifts – A specific sum of money
- Specific gifts – This could be a particular item, such as property, antiques, jewellery and shares.
The gift must be described precisely in your Will so that the executors can understand what you intended.
Leaving estate to charity
Leaving a share of your estate to charity is also known as a ‘residuary gift’. One of the advantages of giving a percentage of your estate to charity is that it doesn’t lose value over time.
If you leave a proportion to the Renewal Programme, you can still ensure that other beneficiaries are paid first by specifying this in your Will.
Leaving a Will
Leaving a Will lets you take care of your assets, your loved ones and the causes you care about after gone.
Information needed for a Will:
- Personal information: your Will writer will need your full name, date of birth, current address and relationship status.
- Family and friends: your Will writer will need the names and dates of birth of any children or loved ones you have and want including in your Will.
- Your Estate: this refers to all the money, property and possessions you own. It’s also essential to include any debts you have, so a solicitor or agent can calculate your estate’s net value.
- Your Beneficiaries: the people who you want to receive your estate when you die.
- Your Executors: the people who you want to carry out your Will when you die.
- Legal guardians for children: if you have children under 18, you’ll need to name someone who’ll be legally responsible for them.
- Your Trustees: the people who you want to manage any Trusts you leave behind. A ‘Trust’ is where someone holds an asset for the benefit of someone else.
- Other wishes: you can specify in your Will if you have any specific funeral arrangements. You can also leave a ‘Letter of Wishes’, which explains the motivation behind the decisions in your Will and can be helpful for your Executor(s).
Leaving a legacy to the Renewal Programme
To leave a legacy to the Renewal Programme, you will need to have written your Will (you can write your Will yourself or turn to professional advice). Your Will must be legally valid and fulfil the government criteria outlined here.
You should review your Will every five years and after any significant life changes. For example, a change in your relationship status, having a child or moving house.
For more information on making a will, citizens advice offer practical online guidance and telephone advice via their local bureaus.
If you’d like more information on leaving a legacy gift please contact our Fundraising team.
