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Why making a Will is important

We believe every adult should have a properly prepared Will. You might be surprised to know that a Will is the only way you can ensure your wishes are carried out after you pass away. It’s also a chance to leave a gift to both the people, and causes, that are close to your heart.

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By taking a little time today to remember Barnardo's in your Will, you will make a difference to the most vulnerable children in the future. You will help provide young people who have no-one, with someone to turn to…

How gifts in Wills change lives

Ruby's story - Overcoming sexual exploitation

Sara's story - A Barnardo's supporter


Other ways your generosity could help

  • £150 could pay for a young carer to have three counselling sessions where they can let go of difficult feelings in a safe space and relax and interact with other young carers without the fear of being judged

  • £1,000 could provide the extra support to keep a child with special needs in mainstream education for six months or it could buy a specialist climbing frame for disabled children

  • £4,500 could pay for the recovery of one very high need child to recover from sexual exploitation experiences

  • £20,000 could pay for a soft playroom to be created enabling severely disabled children a unique opportunity to play in a safe environment

  • 1% of a £50,000 estate would pay for 33 overnight stays for children and young people with disabilities enabling vital respite and for the child to have new experiences

  • 10% of a £350,000 estate would pay for 100 young people to have hands-on training, for example in a construction industry, so they can build up their self belief, lead an independent life, look forward to a new career and achieve a brighter future

Click here to download our booklet to find out more about these stories.

Considerations before making a Will

  • Charitable legacies are exempt from Inheritance Tax so every penny of your gift will go to helping young people. If you do not have a Will, even if you are married, living with a partner or have children, they will not automatically receive all of your estate when you pass away

  • If you don’t have a Will, the law decides who inherits your property. You could leave your loved ones with lots of administration at an already difficult time for them

  • Part or all of your estate might end up going to people you never intended to receive anything

  • Without a Will, your loved ones may also have to pay more inheritance tax (IHT) than necessary. You may not think you are eligible for IHT, but when you add everything up, you may find that you have more than you realise, particularly if you own your own home. All your possessions count towards the value of your estate, including your pension, jewellery, furniture, shares, etc.

  • The inheritance tax threshold is the amount above which inheritance tax becomes payable. In the UK, an estate worth more than £325,000 will have Inheritance Tax deducted at a rate of 40% of any amount above £325,000 which is paid to the Government (as per 2013). However, if you are leaving a gift to charity this may lower the Inheritance Tax payable. Recent changes to the law could mean that giving to charity benefits your estate as a whole. If the estate, including any assets held in trust and gifts made seven years before death, is less than the threshold, no inheritance tax will be due on it. Currently, married couples and registered civil partners can effectively ‘pass on’ their threshold to the surviving partner. This means that, when the second partner dies, their threshold may be as much as £624,000.

Interested?

Request a Gifts in Wills information pack

Info pack

Find out more about...

  • How to leave a gift
  • What you could make happen with a gift