Wills and legacies
Help give more children back their future by remembering ORFACT in your Will
Why should you make a Will?
- In Britain, about 70% of people die without making a Will, this means that their hard-earned property - their home, savings, and personal belongings - are not distributed as they would have liked.
- Making a Will is the only way to ensure that on your death, your property and affairs are dealt with in the way you would have wished them to be. It will enable you to decide who would from your estate after your death. If you fail to make a will you are said to have died ‘intestate’. Under this country's intestacy rules, the people to whom you would like to leave your estate may receive little, or nothing at all, and others, whom you may not wish to do so, may benefit from you Will.
- It’s quick, simple and relatively cheap to make a Will. A solicitor may charge you as little as £100 for a straightforward Will, and if you and your partner create identical Wills (Mirror Wills), you are likely to get the pair at a reduced rate.
- Inheritance Tax (IHT) may be due if the value of the estate passing to the beneficiaries, apart from the spouse, is worth more than £325,000. If you die without a Will you could lose 40% of your wealth to Inheritance Tax.
Why remember ORFACT in your Will?
Only through kind donations and legacy contributions has ORFACT been able to reach out to the lives of thousands of orphaned and abandoned children. You too, can join in the effort and help ORFACT attend to some of the world’s most forgotten children.
Children have only one chance of a childhood. Making a will is an essential part of securing the future for your own family and by leaving a legacy to ORFACT, you can help us to give more children back their future.
For further information, and to receive a free information pack on Wills and Legacies, please contact us on 020 8358 4483 or email legacies@orfact.org.uk
'In Memory' Giving
You or your loved ones can request to have families and friends make a donation to charity rather than give floral tributes during a funeral service. Many funeral directors can now arrange to collect charitable donations at a service, organising the administration and also helping to transfer the money across to the chosen charity.
Giving money in lieu of floral tributes will ensure that the deceased can continue to have an impact on the lives of vulnerable children long after they have passed.
It is also possible to give annual donations 'In Memory' of the deceased, for instance, you may choose to make a donation to commemorate a loved ones birthday or an anniversary.
Giving 'In Memory' leaves a lasting and much appreciated legacy, helping to change the lives of seriously at-risk children.
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