Convenient Wills, 16 Thomas Avenue, Newcastle-
Must I make a Will if I wish to make a gift to a charity?
Are there any traps to avoid when including a gift to a charity in your Will?
What will happen to my gift if the charity I wish to give to no longer exists at the time of my death?
Can I include a gift to my local Club or Church in my Will?
The Next Step
Every year a number of national charities promote ‘Free Wills Week’. But how free is your Will when made under this scheme? And what are the catches?
On the face of it the person who uses this service should get their Will for free. But …
The solicitors who participate in the scheme, drafting Wills for those clients who use the scheme, are paid by the charities for their time. So how do the charities make a profit?
Under Charity Commission rules an exercise of this nature must make a profit. And as the exercise is undertaken each and every year one must presume that the charities involved do make a profit.
They make their profit because people are made to feel obliged to make donations to one or more of the participating charities. And the size of the donation is often greater than the amount it would cost to buy a Will from a solicitor or will-
A second catch to be aware of is that the solicitor is only paid for providing a ‘simple’ Will. If your circumstances require a complex Will you will be expected to pay the difference.
A third catch is that you will be asked to make a donation to one of the participating national charities; you may wish to support a more local charity.