We rely on donations to fund our vital work so depend on the generosity of people like you. Any gift you can give will help us support young people with cancer now and in the future.
What are the benefits of making a will?
Your first consideration is to provide for your family and friends, but you could also make a real difference to future generations of young people by leaving something in your will for Teenage Cancer Trust.
No will means having no choice in how your estate will be shared out and the state will be left to divide your money and possessions according to the law. Giving a donation to one or a few charities (you can give to more than one) through your will is a very cost-effective way to give because donations to charities are exempt from inheritance tax. This means every penny of a gift to Teenage Cancer Trust helps us transform the lives of young people in your community and across the UK.
How do you work out what you have to leave?
Make a list of all your possessions and estimate the current value. You should include, for example, your house, savings and car and then deduct your debts. No matter how much or little you leave, it’s important to remember that you can make a huge difference.
How do I leave a legacy?
There are three main ways to leave a legacy or a gift in your will. Your solicitor or financial advisor will be able to check over everything for you but it may be helpful for you to have a look at the options now:
- Residuary gift is the gift of either all or a share of, what is left in your estate after all other gifts to family and friends plus taxes and expenses have been paid
- Pecuniary gift is a gift of a stated amount of money which is left to a named person, charity or other organisation. Inflation will reduce the value of these gifts over the years, so should be revised from time to time.
- Specific gift is a gift of a specific item like a piece of jewellery, furniture or property, rather than a sum of money. The item must be described exactly and the name and address of the person or organisation to whom the gift has been left should be given.
Do I need to make a new will, or can I just amend an existing one?
If you already have a will and simply want to make some changes, you need to add a codicil, which is a separate instruction that is then kept with your will. You can download one here or we can send you one.
If you do decide to leave a gift to Teenage Cancer Trust you may consider pledging your legacy now. This information will be treated in the strictest confidence. You don’t have to be specific about any details but it will help us when planning for our future to know that there is money promised.
It’s your decision to tell us if you have left a gift in your will but if you would like to discuss your gift with us, we’d love to hear from you.