Pledging even a small amount to us in a Will can create a lasting legacy, so please consider us when you are writing or updating your own.
We understand everyone has their own priorities – be it security for grandchildren or looking after loved ones – but leaving a percentage to us can make a real difference in a child’s life and will enable us to continue our good work.
The following links provide further details and can assist you in arranging a gift in your will:
For more information, you can speak to a member of our team in confidence on 01252 773720 or email firstname.lastname@example.org
Please see FAQs for Gifts in Wills below:
If you are thinking of leaving a gift to Wooden Spoon in your will, you may have questions we can answer.
Why should I bother making a will?
If you don’t leave a will, your estate will be shared out among your next of kin according to a strict order of priority called the ‘rules of intestacy’. This means that family, friends or charities you want to benefit from your estate might get nothing. Making a will is the first step to making sure that your estate is shared out exactly as you want when you die.
Why is it important to keep your will up to date?
Once you have a will, it’s important to keep it up to date. Major changes to your marital, family or financial circumstances should be reflected in your will.
Can I add Wooden Spoon to my existing will?
Fortunately, making changes to an existing will is very straightforward. If you already have a will and you want to add a gift to Wooden Spoon, your solicitor simply attaches a written instruction, called a codicil. This must be done by your solicitor – don’t make changes yourself as you may inadvertently invalidate your will. The codicil will need the signature of two independent witnesses.
Do I have enough to leave a legacy?
A common misconception is that a legacy has to be an enormous sum of money. This is not the case. Any gift left in a will, no matter how large or how small, is important to the charities you support.
What’s the difference between a residuary and a pecuniary legacy?
The two main types of legacies that people leave are: residuary and pecuniary.
A residuary legacy is when a person leaves a percentage of their estate to a charity. This means that however much your estate is ultimately worth, you ensure your loved ones are looked after as well as giving a gift to your chosen charity. It also means you don’t have to keep altering your will as your circumstances change.
A pecuniary legacy is a specific sum of money.
We would recommend that you consult your solicitor on what is best for your particular circumstances.
What about inheritance tax?
Inheritance Tax is usually paid on an estate when somebody dies. It’s also sometimes payable on trusts or gifts made during someone’s lifetime. Gifts in wills are tax efficient and are deducted from your estate before any tax liability is deducted. Each individual’s tax situation is different, and we always recommend consulting with your solicitor when making any changes to your will. For more information regarding inheritance tax, please go to https://www.gov.uk/inheritance-tax and speak to your solicitor or your financial advisor if you have one.
If I don’t want to leave a gift in my will is there anything else I can do to ensure some money comes to Wooden Spoon after I die?
Another way of donating to the charity without leaving a money gift in a will is to request donations to Wooden Spoon in lieu of flowers at your funeral. This is a popular way of sharing your passion and support for a charity with your friends and family.
Your friends and family could also create an In Memory page on the JustGiving website. Creating a fundraising page in memory of someone is a powerful way for friends and family to honour them by donating to a cause they cared about. To find out how to create an In Memory JustGiving page for Wooden Spoon please click here to go to JustGiving.
Is using a solicitor important?
We recommend that you use a solicitor when making or updating your will to ensure that all legal procedures are followed. The process needn’t be lengthy or expensive, don’t be afraid to shop around or ask for a quote.
After your initial meeting with a solicitor, you should arrange a follow-up appointment to check that your will has been drafted according to your wishes and to have it witnessed and signed.
Estate Planning Services companies, such as Asset Harbour, can also offer a wide range of guidance and advice. You are under no obligation to use their services but as a partner of Wooden Spoon they have agreed to make a donation.
What should I write?
If you would like to support Wooden Spoon by including a gift in your Will, here is some suggested wording that you could give to your solicitor:
I leave Wooden Spoon, Registered Charity in England and Wales (Reg No: 326691) and Scotland (Reg No: SC039247), of Sentinel House, Ancells Business Park, Harvest Crescent, Fleet, Hampshire, GU51 2UZ
either: the sum of £ absolutely
or: my collection of absolutely
or: a % portion of the residue of my estate absolutely
… for the general purposes of the charity.
Keep it safe
Leave your original will document with your solicitor or legal adviser, keep a copy yourself and make sure your executors know where to find it.
Update your will to reflect major life changes
Marital, financial and family changes should be reflected in your will.