Giving is for everyone. We all have causes we care about and we all have the power to give money to help those causes. Whether you leave this earth with $10 to your name or $10 million, you can provide for you chosen charity in your will. It is one of the easiest ways to give.
There is a common misconception that donations or bequests to charity are only made by wealthy people. This is not so. They are made by people who care about the communities they live in and the causes they are passionate about. Without the generosity of these people, many of our charities would struggle even harder to survive. There are many reasons why people choose to give; to contribute to the ongoing work of a chosen charity, to leave a gift as a lasting memory or to give back to the community.
The starting point is to choose a charity you would like to help. Do a little research on the areas you are interested in and the organisations working in those areas to find one that is a good fit for you. It is a good idea to make contact with the charity to let them know of your intentions. They will then be able to include your bequest in their future planning. The next step is to contact your solicitor to arrange for your will to be updated. You might wish to leave a fixed sum of money, a percentage of your estate, or a specific asset, such as a property or an investment fund.
Make sure you tell your family and friends about your bequest so they can ensure your wishes are carried out. Who knows, you may prompt them to make their own bequest. For more information click here.