Too many families around the world see their homes crumble after powerful cyclones, earthquakes and severe floods. Others have to flee their homes at a moment’s notice from life-threatening conflict.
Sadly, the number of displaced families is only set to increase in the future.
After you’ve taken care of your family and friends, please consider leaving a gift in your Will to ShelterBox. Help us build a future where no family is left without shelter.
We all have financial commitments, which means we can’t always do as much as we’d like to help other people. But, a gift left in your Will is an opportunity to give more than you might ever have been able to give in your lifetime. Get in touch to find out more.
The power of your gift
Your support will help people like Nelie, who lives with her husband and nine children – five boys and four girls. Her youngest is two-month-old Roberto Jnr, who she is cradling in this photo.
Before Typhoon Tisoy swept through the Philippines in December 2019, Nelie’s family lived in a house near the beach.
But after the storm, they were forced to leave their destroyed home behind and move to new land.
We provided Nelie’s family with tarpaulin and other essential aid items to help them build their new home and rebuild their lives.
Your gift will help more families like theirs to get back on their feet after disasters and conflicts, long after you’ve gone.
I wanted to help families who have nothing left, whose homes have been flattened to dust and rubble, so I decided to leave a gift in my Will.’
How to leave a gift in your will
The best way to help us respond in an emergency is with a residuary gift – a share of what is left in your estate once you have provided for your loved ones.
Residuary gifts have the advantage over a specific sum of money as inflation will not reduce their value over time. Alternatively, you can choose to leave a pecuniary gift – a fixed amount of money.
We understand that the coronavirus pandemic puts things in perspective, highlighting just how crucial it is to make a Will or update an existing Will.
If you’re thinking about writing or rewriting your will right now, solicitors are now registered key workers, so we suggest that you contact your solicitor if you wish to make a new will or any changes to an existing will.
For clients who are self-isolating or do not wish have a face-to-face meeting, there are other options available.
Many firms offer telephone-based will writing services in which they take instructions and provide advice over the telephone, before providing draft and final wills via email or post.
If you have any questions about this, we’re here to help so please do contact Prue on 0300 0300 500 or email us.
If you’d like to include ShelterBox in your will, simply insert the following message:
I give to ShelterBox Trust of Falcon House, Charles Street, Truro TR1 2PH, registered charity numbers 1096479 [__% of the residue] of my estate/[specified amount] absolutely for its general charitable purposes.
Don’t forget to use our full name and details to make sure the gift reaches us.
We recommend you consult a solicitor to make sure that all the legal formalities are covered and that your will is valid. The cost of the solicitor will vary depending on how complex your will is.
The Law Society is the independent professional body for solicitors, and you can search their official directory at lawsociety.org.uk
Make sure that you have executors for your will – these are people who will ensure that your wishes will be carried out. You can choose more than one executor, and they could be a legal professional, friend or family member.
Yes, there are three types:
- A pecuniary gift is a fixed amount of money.
- A specific gift is a gift of a specific item, like personal possessions, land or shares.
- A residuary gift is a percentage or share of the balance of your estate once all other payments and gifts have been made.
Many people prefer to give a residuary gift because it keeps in line with inflation and does not lose value over time.
In the UK, Inheritance Tax is currently paid to the government at a rate of 40% if your estate is worth more than £325,000. However, the rate might be reduced to 36% if 10% or more of your estate is left to charity.
Most gifts left to ShelterBox are exempt from Inheritance Tax because we are a charity.
You can find out more by contacting HMRC or a solicitor.
If you let us know your intentions, we’ll know how best to support you. It also gives us a chance to thank you if you do decide to remember ShelterBox in your will. Of course, any information you provide is completely confidential and in no way legally binding.
If you would like more information on leaving a gift in your will to ShelterBox, please:
- Call 0300 300 500 and ask for Prue
- Or email [email protected]
Another important consideration when making a Will is the appointment of your executors – the people who will deal with your estate in the event of your death – as well as guardians for your children.
Before you speak to a solicitor or professional Will writer, they will expect you to have a rough idea of what you own and what it’s worth. This might seem off-putting but all you need is a basic valuation at this this stage. Don’t worry about working out the exact value of everything; as long as you have a rough idea of the value of your estate, that’s enough for them to get on with.
You should think about how much the following things are worth:
- Personal possessions, including sentimental objects
- Your pension
- Any investments you’ve made
- Your business (if you own or part-own one)
You also need to have an idea of any existing debts you have. These debts might include mortgages, loans and overdrafts. Again, this doesn’t have to be a precise value, but your solicitor or Will writer will need to know a rough idea of the amounts.