Making a Will is an essential task that we should all consider, as it’s the only way to ensure that your loved ones are cared for, and your wishes are made clear after you’re gone.
It’s well-known that charities rely on donations to enable them to carry out their work, but leaving a gift to charity in your Will is one of the less familiar ways of showing your support. Gifts in Wills are a vital source of income for many charities and can create a lasting legacy for both the donor and the charity they have chosen to support.
After you have ensured that your loved ones will be taken care of, you may wish to consider leaving a gift to charity to pass something on for future generations.
There are many benefits to leaving a gift in your Will:
- You can use your gift as a way of remembering a loved one and honouring their memory
- It’s a way of helping to ensure that the work of the charity which you support will live on
- Gifts left to charity are tax-free
- If you choose to leave more than 10% of your estate to charity, then the overall amount of inheritance tax you have to pay will reduce from 40% to 36%
Any gift you choose to make can be as large or as small as you like. Every single gift makes a big difference and will be gratefully received.
How Will the Gift of Education help La Folia?
Our mission: We make music in expected and unexpected places; whatever the venue, the quality of the music making stays uncompromisingly high. Our projects explore the ways that music is created and experienced, cutting across boundaries between the old and the new. It is this musical scope for re–invention that inspires La Folia: performing the music of the past, re–interpreting it for the present, commissioning new music and working in evolving collaborations and partnerships. We are committed to bringing music and other arts to all areas of society: classical concert goers, isolated communities, children with special needs, the dispossessed and those on the margins. We aspire to confront barriers of every kind with a freedom and dynamism that re–defines established ways of working, creates change and ultimately transforms music and people.
Our core activities are funded by grant applications and by donations, every penny of which goes into our work. We are a small charity but nonetheless have to meet essential core costs. Generous donors and benefactors are vital to ensuring the charity succeeds.
Leaving a gift to La Folia in your Will would have a lasting impact on the lives of the people we work with, creating an enduring legacy for both them and you.
How Do I Leave a Gift in my Will?
Including a gift in your Will is very straightforward. There are a few things you’ll need to know first:
- The full name and details of the charity to ensure the gift reaches its destination
- The type of gift you would like to leave
- The amount you would like to leave
Should you wish to leave a gift to La Folia, our details are as follows:
There are two different types of gift you can choose from:
Residuary gifts are a percentage or share of the balance of your estate once all other payments and gifts have been made.
Pecuniary gifts are fixed amounts of money.
Once you have decided which type of gift to leave and the size of gift you would prefer, you will need to contact a solicitor to have your Will drawn up or adjusted (if you already have a Will). If you don’t have a solicitor, you can find one by contacting the Law Society. Click here to find out more about tax relief when leaving a legacy in your Will.
Do I Need To Let You Know?
You can notify us if you have included a gift in your will for La Folia, or if you intend to and would like to ensure the money is used for a specific purpose. We would be happy to accommodate your wishes if you make them known to us.
Alternatively, you don’t need to let us know if you would prefer not to.
We sincerely hope that you will consider leaving a gift in your Will to La Folia. If you would like help or any further information, please contact us on:
info@lafoliamusic.org
tel: 07768 980960
Company registered in England 06325700
Registered charity 1121049