Wills and Legacies
Please remember CICRA in your will
Legacies are an extremely valuable source of income for all charities and CICRA is extremely grateful for any that we receive – whether large or small. Some donations come as a direct bequest and others as part of the residue of a will which is distributed to charities by the Executors/Trustees of the Will using use their own discretion as to the wishes and desires of the deceased.
Unexpected income such as this is a great asset to CICRA and has helped to provide the funds to maintain and expand the research programme. CICRA will always respect the wishes of the legatee or his/her family if there are certain wishes as to the way the funds are used and will ensure that it is properly administered and acknowledged.
Making a will is very simple and you can do it yourself but it may save problems arising later if it is done by a solicitor or with the help of the Citizens’ Advice Bureau. Making a will is often spoken about but is something that we all tend to put off but if you die without making a will your estate will be distributed according to the law of intestacy and this might not be in accordance with your wishes.
All bequests to charities are taken from the estate before tax and therefore help to reduce the amount of tax payable. We invite you to consider including CICRA among those you wish to benefit from your estate. All you need to do is to include the words:
“I give and bequeath the residue of my estate to the Crohn’s in Childhood Research Association of Parkgate House, 356 West Barnes Lane, Motspur Park, Surrey, KT3 6NB and direct that the receipt of the Treasurer for the time being shall be a good discharge to my Executors”
This means that CICRA will receive the remainder of your estate, after other specific bequests have been settled.
Alternatively, if you wish to give a particular sum to CICRA, the wording should be:
“I give and bequeath the sum of £………..to the Crohn’s in Childhood Research Association, Parkgate House, 356 West Barnes Lane, Motspur Park, Surrey, KT3 6NB and direct that the receipt of The Treasurer for the time being shall be a good discharge to my Executors”
You may have already made your will and now wish to include a bequest to CICRA, in which case, you should execute a codicil to your Will.
In all cases, of course, the document must be correctly witnessed.