Feline Care - Feline Care specializes in the care of elderly, nervous and feral cats
Leaving a legacy
Leaving a gift to Feline Care in your will is the most effective way to help assure the future of the sanctuary.
Bequests to Feline Care are exempt from inheritance tax and this could reduce or eliminate completely any potential tax which might otherwise be payable out of your estate. It is always advisable to have your will made by a solicitor who will be able to give you all the legal and tax advice you require.
The three main types of gift are:
- Residuary bequest
- This is the balance of your estate after tax (if any), expenses and other types of legacies have been paid. You can leave the whole, or a share of the residue to Feline Care.
- Pecuniary legacy
- This is an exact sum (e.g. £1000)
- Specific bequest
- This is a gift of personal possessions such as furniture, jewelry, house, car etc.
With the passage of time, pecuniary (cash) legacies will lose value because of inflation and you may wish therefore to review your will every few years. Alternatively, you can index-link your cash gifts to family, friends, and charities, or divide your whole estate into shares or percentages, so that each of your beneficiaries will gain if the value of your estate in creases between the time of making your will and your death.
Wording your bequest
It is very important that wills are written accurately and it may be helpful to you and your solicitor to know how to phrase a bequest in favour of Feline Care.
The following wording can be adapted to suit the type of gift you wish to leave.
"I give devise and bequeath to Feline Care, Roudham Road, Harling Road, Norwich, Norfolk, NR16 2QN (charity No 1010000) the sum of £XXXX (xxxx pounds) or the whole (or xxx share) of my residuary estate to be used for Feline Care, Roudham Road, Harling Road, Norwich, Norfolk, NR16 2QN. I declare that the receipt of the Treasurer or any other proper officer shall be sufficient discharge therefore."
