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Legacies

Following a lot of publicity and questions raised about how charities fundraise, and issues linked to data and confidentiality, here at The Local Carers Network we have outlined our Fundraising Values – we have always strived to work ethically and professionally, and thought now would be a good time to outline these Values and the approach we take in a little more detail:

  • We value our supporters and donors as individuals and respect your views and opinions.

  • We listen to your feedback, to both celebrate achievements and learn from any errors.

  • We adopt a transparent, open approach to our fundraising and how this is used to support our work.

  • We treat your data with care and integrity and never sell it on to third parties.

  • We respect your right to opt out of communications at any time.

Thank you for your support.

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Legacies left to The Local Carers Network make a significant contribution to our work, and we are extremely grateful for each gift we receive - thank you. If you are considering leaving a gift in your will and would like to discuss this please contact Laura Carman on 0151 647 9584 or email laura@tlcnetwork.co.uk

 

As well as lifetime gifts you can also make gifts to us under your Will.

This can be either a fixed sum (known as a 'Pecuniary Legacy'), or part or all of your estate once other gifts have been distributed (known as a 'Residuary Legacy').

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As we are a charity any gifts to us are completely free of inheritance tax. This means that if your estate is subject to inheritance tax 40% less will go to the tax man and can be spent on our good causes.

In addition if you leave 10% of your chargeable estate (generally the bit that is subject to Inheritance Tax) to charity you not only get the 40% tax saving on the charitable gift but you also reduce the tax paid by your non charitable beneficiaries from 40% to 36%.

 

This does mean, in some circumstances, if you are already making gifts to charities under your Will by increasing them to 10% of your chargeable estate as well as giving more to good cause it can also increase the amount going the other beneficiaries as well!

If you are looking to take advantage of this we would suggest taking professional advice to ensure your Will is drafted to take full benefit of the tax savings.

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If you would like to leave us a legacy, to avoid confusion could you please leave it to:

"The Local Carers network (registered charity number 1155280) of The Welcome Centre, 43 Hamilton Street, Birkenhead, CH41 5AA

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