Wills and what happens to our money and possessions after our death is not something most of us like to think about. Nor is the idea that money from what we leave may well go in inheritance tax. Wouldn’t it be better if some – or all – of what we might pay in tax could go to a cause we supported – even, perhaps, the parish?
There is a way of doing this – by making a codicil to your will, including a legacy for the parish but leaving the rest of your will unaltered, you could free your beneficiaries from a tax burden and help the parish. If you leave such a legacy – however small or large – via a codicil, the legacy will be completely exempt from Inheritance Tax.
Wendy Edwards, one of the LLMs in the parish, is happy to make a codicil to your will free of charge if you would like to add a legacy to the Parish of Badshot Lea and Hale to your will.
Click here to find out more.