Next Steps

Leaving a gift in your Will to NIF is simple: 

  • Find here a list of solicitors who can draft a Will for you at no charge during the month of November. (please note that NIF UK does not endorse any of these solicitors)
  • Use your own lawyer: all you need is NIF UK’s Charity number (1060081) and registered address (please email [email protected] for our address).
  • You can take care of loved ones and make a transformative impact through NIF at the same time. Explore, here, different types of gifts,  which allow you to do both. 
  • Tax benefits – by leaving a gift in your Will to NIF, you can reduce the inheritance tax owed by your loved ones, benefiting both your family and NIF’s work – changes to tax laws mean that if you leave 10% of your estate (after your tax-free allowances) to NIF, you can cut the Inheritance Tax rate on the rest of your estate from 40% to 36%. That’s a 4% reduction in the inheritance tax for your family and a huge impact on our work at NIF. For example, if your estate (after allowances) is worth £250,000, you would be faced with an IHT bill of £100,000. This would leave your family with £150,000. If you gave away 10% to charity – £25,000 – the IHT charge on the remaining estate, now £225,000, would be reduced to £81,000, meaning your family would still inherit £144,000. Your very generous donation of £25,000 to NIF will therefore only cost you, £6,000. 
  • Remember: no gift is too small to make a big difference in the future.  

For more information about legacies and NIF’s free Will writing opportunity, please email Liron: [email protected] or call 0207 724 2266.

 

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