The value of charitable estates in the UK continues to ascend, as indicated by research findings. In 2022, the overall value of charitable estates reached approximately £20 billion. This represents a consistent annual growth, with figures of £10.6 billion in 2021 and £7.8 billion in 2020.
I have personally observed a noticeable rise in the number of charitable bequests made in Wills over the past few years.
It is crucial to ensure that your Will clearly outlines your wishes, as failing to do so may result in your estate being distributed according to intestacy rules, potentially benefiting individuals you did not intend to include.
Contact me with your questions and for a free will review.
0207 183 4595
The information provided in this article is not intended to constitute professional advice and you should take full and comprehensive legal, accountancy or financial advice as appropriate on your individual circumstances by a fully qualified Solicitor, Accountant or Financial Advisor/Mortgage Broker before you embark on any course of action.