Leaving a Legacy in Your Will: MORE INFO
What are your options?
Your gift can take any of the following forms:
- A Residual Bequest - after making provisions for your family & friends, the balance of your belongings (legally referred to as your “estate”) is donated to The Greyhound Awareness League.
- A percentage of your estate - where a specific percentage of your estate is left to The Greyhound Awareness League.
- A Pecuniary Bequest - where a specific sum of money is donated to The Greyhound Awareness League.
- A Specific Gift Bequest - referring to any non-cash items such as shares; property; jewellery; artwork or other valuables, which can be given to The Greyhound Awareness League.
- A Life Insurance/ Life Assurance Policy.
- A Life Income Plan - where you set up a trust for your dependents, providing them with a regular income, while the principle of the trust (the original amount invested) is paid to your favourite cause, after a specified period of time - this can also be known as a charitable remainder trust.
What next?
The next step is for you to make an appointment with your financial or legal adviser. They can help you to decide what sort of bequest to make. We urge you to consult with a legal or financial adviser to make sure that:
- You can take advantage of any savings in inheritance tax
- Your will is legal and valid for your country.
The truth is that the cost of using a professional adviser is often very little, when compared to the legal costs your family may incur, should you pass away without leaving a valid will. If you have already made a Will it is very easy to add a charitable legacy; your legal or financial adviser will help you draw up a simple amendment or codicil. Many people use the opportunity for a general review of their Will, anyway.
A bequest to The Greyhound Awareness League in your Will be realised in full. As a charity, we are exempt from Capital Gains Tax and charitable bequests are not subject to Inheritance Tax.
GAL Roll of Thanks
In order to honour your passion and commitment to health, safety, care and welfare of these beautiful, loving & gentle dogs, GAL would like to place your name (if you wish) on the GAL Roll of Thanks. This acknowledgement is to show our appreciation of your forethought and for the very real fact that you care.