Writing your Will is one of the most important decisions that you will ever make and it is important that you are clear about your wishes. Once you have provided for your loved ones, please consider helping to make a difference to the lives of children and their families by leaving a gift in your Will to bibic.
bibic gives therapy, support and hope to around 400 families each year. Gifts left in wills have made a tremendous difference to so many of these families, helping them to achieve the things they never thought possible.
Why is it important to leave a will?
If you don’t make a will, your estate could go straight to the Government. An up-to-date will ensures that your wishes will be followed after you die and that your loved ones are protected.
Why leave a gift in your will to bibic?
Any estate above the value of £325,000 is liable to inheritance tax at 40% unless it is given by your will to your chosen person/s. Gifts left to charities are free of inheritance tax and can therefore reduce the amount of your estate taken by the Government.
What if your circumstances change?
Remember, if you marry, remarry or enter into a civil partnership your will becomes invalid, unless it was made in contemplation of a marriage or partnership. Divorce does not automatically invalidate your will, but any reference to your former spouse or partner, will not be effective in these circumstances. To ensure your wishes are carried out, you should change your will.
What to do if you want to leave a will
We highly recommend that you visit a Solicitor if you want to get your will written. Solicitors will normally charge a fee and provide professional advice to ensure your wishes are taken into account. To make your appointment more straightforward, we suggest you spend a little time beforehand, thinking about what you own and where you would like it to go, once anything you owe has been taken into account.
How to give to bibic in your will
Whatever its size or quantity, any type of gift is valuable to bibic and will be put to use to help transform the lives of the children and families that we work with. bibic welcomes:
Residuary Gifts – a share of all that is left of your estate once loved ones have been provided for;
Pecuniary Gifts – a fixed sum of money;
Gifts in Kind – items such as a car, property, shares, jewellery, a painting or furniture.
What is a Codicil?
A Codicil is a simple form that allows you to make additions to your current will. Therefore if you wish to add bibic as a beneficiary in your will, ask your Solicitor to complete a Codicil.
If you decide to leave a gift in your will to bibic, please ask your solicitor to include our full address and details as below:
bibic (charity number 1057635)
If you are planning for the future and would like to speak to us in confidence, please contact on 01278 684060. We would be very happy to tell you more about bibic and to invite you to our National Assessment Centre for a tour, to find out more about the work we do.