Legacy Questions and Answers for gifts in Wills to World Horse Welfare
Q: How can I include World Horse Welfare in my Will?
A: We always recommend you seek professional advice when making a Will. The following information will be of help to your solicitor should you kindly decide to leave a gift to World Horse Welfare in your Will: World Horse Welfare, registered charity no: 206658 (England and Wales) and SC038384 (Scotland) of Anne Colvin House, Snetterton, Norwich, Norfolk NR16 2LR.
Q: What types of gift can I leave in my Will?
A: There are three main types of gift if you wish to remember a charity in your Will. A pecuniary gift is a specific sum of money, a residuary gift is the amount left over after you have provided for family and friends, and all the costs of the estate have been paid out. Another option is a specific item, such as a piece of jewellery, a house or land
Q: What type of gift does World Horse Welfare recommend?
A: We welcome all gifts in Wills, large or small. One of the most effective kinds of gifts for our work is a residuary gift. If choosing a residuary gift you can also choose to set aside a percentage share of that to World Horse Welfare. This is particularly beneficial because the value of your gift is not eroded by inflation
Q: I already have a Will. Do I need to write another to include World Horse Welfare?
A: Not at all. The simplest thing to do is to write a Codicil, which is an amendment to your existing Will. We woulld advise you to speak to your solicitor when making or updating your Will.
Q: I wrote my Will some years ago and have left a bequest to you in your previous charity name: International League for the Protection of Horses (ILPH). Do I need to re-write my Will?
A: Firstly we would like to thank you for your kind bequest and to assure you that there is no need to go to the expense of updating your Will just to change our charity details. Although we changed our name, our registered charity number remains the same. Provided this has been quoted in your Will there is no need update your Will until you are ready to do so for other reasons.
Q: What about inheritance tax?
A: The threshold for inheritance tax is subject to change, A gift left to charity in your Will is not liable to inheritance tax
Q: How do I know my donation will be used effectively?
A: World Horse Welfare works tirelessly to give abused and neglected horses a second chance, at home and overseas. We do this through our network of Field Officers and Rescue and Rehoming Centres in the UK. Our international training teams teach local people across Africa, Asia, Central America and Mexico key skills and basic horse care and we campaign to improve the legislation that protects horse welfare. Through the generosity of our supporters we are able to improve the lives of thousands of horses around the world
Q: Can I draft my own Will?
A: While the expense of having a Will drawn up by a professional may seem unnecessary, executing an incorrect Will can lead to considerable additional legal costs, delays and may result in your beneficiaries not receiving what you had intended. We advise anyone considering making their Will to speak to a solicitor qualified in Wills and Probate
Q: How will you commemorate my gift?
A: All gifts received in Wills are recorded in our Legacy Books. The books are on display at our Rescue and Rehoming Centres
Q: How do I go about leaving my horse(s) to World Horse Welfare in my Will?
A: Please complete our online enquiry form or call 01953 497239 for further information.
Q: What should I do now?
A: We recommend that you talk to your solicitor who will be able to help you with every aspect of leaving a gift in your Will. If you have already left a gift in your Will to World Horse Welfare - thank you. If you wish to tell us about your intentions, then this would help us to plan ahead and we would also welcome the chance to acknowledge your kindness. We want to keep you in regular contact with our work, hopefully in person through a visit to one of our centres. Anything you do tell us will be held in strictest confidence and is in no way legally binding.
We promise to keep any details that you pass to us confidential. We understand that the size or type of legacy is a personal matter.
If you have made your Will and wish to add World Horse Welfare, this is a simple process and can be done by writing a Codicil. We would suggest you speak to your solicitor before making or updating your Will.