Society for the Assistance of Ladies in Reduced Circumstances

 (Registered as a Charity in England & Wales No. 205798)

Since 1886 we have provided

Grants for women in need

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Making a gift Help our work live on Using Gift Aid

Help our work live on…

 

 

Are YOU a living legend? See how you could become one!

 

Leaving money to a charity in your will is one way of doing so. At Society for the Assistance of Ladies in Reduced Circumstances most of the income that we need for our work comes from our investments which have been built up over the decades, mainly from legacies. By remembering us in your will you can make a real difference to the lives of even more women in the future.

 

Q. What are the tax advantages of leaving money to charity?

 

A. If you leave money and possessions worth more than a set value, currently £325,000, your beneficiaries (the people you’re leaving it to) may have to pay 40% Inheritance Tax on the amount over that threshold. From April 2012 the rate of Inheritance Tax has reduced to 36% if you leave 10 per cent or more of your estate to charity. £325,000 may seem a great deal of money but, if you include your home, you could find your savings and possessions add up to more than that. However, donations to charity are exempt from tax, so anything you leave to the Society for the Assistance of Ladies in Reduced Circumstances is free of Inheritance Tax and we will receive the full amount. Ask your solicitor about the best ways to use your will to reduce tax. Remember A Charity's on-line calculator provides a quick and easy way to estimate the value of your estate and calculate your charitable gift. 

 

Q. What will it cost me?

 

A.. When your solicitor is next updating your will simply ask them to include a donation to your favourite cause. It doesn’t need to cost anything extra if you are already revising your will. Apart from that there’s only the price of the phone call to tell us – that’s all it will cost in your lifetime.

 

Q. Do I need to tell you that I’ve included you in my will?

 

A. It’s not essential, but we would be delighted if you chose to do so. Simply phone or write to us. Any information that you give to us will be treated in strictest confidence. We will then make sure that we send you regular information about our work.

 

Q. Do I have to leave a lot?

 

A. It’s up to you. We would be very grateful for any amount you are able to afford and your donation will make a real difference to the work of the Society for the Assistance of Ladies in Reduced Circumstances.

 

Q. I want to include the Society for the Assistance of Ladies in Reduced Circumstances – what should I do next?

 

A. Simply tell your solicitor you want to include the Society for the Assistance of Ladies in Reduced Circumstances in your will and what you want to leave, and they’ll make the necessary changes. In order that we may continue to use your gift for our work in the long term, please ask them to include the words “to be added to the permanent endowment of the Society’s funds”.

 

If you need further information, please contact us by:   

Telephone: 0300 365 1886       Email: admin@salrc.org.uk

Figures correct as at 6 April 2012