Severn Hospice backs political leaders’ legacy pledge
Posted on Jan 17, 2012
Severn Hospice is asking its supporters to think about making a gift in their will after the leaders of the three main political parties backed a campaign urging people to leave at least 10 per cent of their wealth to charity.
David Cameron, Nick Clegg and Ed Miliband have pledged to give one tenth of their estates to charity when they die as part of the Legacy10 campaign.
Gifts in wills, also known as legacies, are a vital source of income for Severn Hospice making up around one-third of the total money it has to raise every year to fund its services.
The Legacy10 campaign was launched in November last year ahead of a new inheritance tax measure set to be introduced in April. The move will reduce the rate of inheritance tax from 40 to 36 per cent for anyone who leaves at least 10 per cent of their estate to charity.
Norma Ross, Severn Hospice appeals director, said: “The current economic climate has resulted in a fall in our general donations which makes the contributions we receive from legacies even more important.
“We know that many people are understandably tightening their belts during this period of financial austerity and so bequests are a wonderful way to support the hospice by leaving a future gift which will help us to continue providing our special kind of care to local people for years to come.
“The changes to inheritance tax later this year provide an additional incentive to consider including a gift to Severn hospice in your Will.”
More information about Severn Hospice legacies can be obtained from Norma Ross on 01743 354450 or by clicking here.
