Making a will is one of the most important you can make to ensure that your family is taken care of after you die
Making a will is the best way to make sure that your possessions and savings go to the people you care about. It will also help protect any assets you might have for future generations. Plus, it can reduce the amount of inheritance tax that could be paid on any property or money left behind.
A Will provides the opportunity to leave instructions about your funeral, for instance whether you would prefer a burial or cremation. When you make a Will, you appoint someone (an executor) to organise things after you’ve died. This makes it easier to sort everything out according to your wishes.
If you die without making a will, then everything you own will be shared out by the law, which might mean that things might not be given out the way you’d like them to be. Having a will avoids any unnecessary distress at what could be a difficult time for your family and friends anyway.
Over the years, legacy gifts have helped us build and maintain our Animal Centre. Today, these gifts are as vital as ever, allowing us to upgrade our animal accommodations, invest in new initiatives and help more animals than ever before.
A pecuniary gift
This is a gift of a specified sum of money. Bear in mind that due to inflation this amount will diminish over time so it is worth reviewing your will from time to time.
A residuary gift
This means that you set aside a portion, or all, of your remaining estate. This is known as the residue and is the amount left after the payment of debts, funeral expenses, administration costs, and all the specific and other gifts have been paid, which is to be divided among the named beneficiaries.
A specific gift
This means that you leave a specific item to a named beneficiary, for example, a car, property or item of jewellery.
A recent gift allowed us to upgrade our cat intake room. A room serves as a quarantine for new cats arriving at the centre. Possibly one of the most important environments we provide – it becomes the first safe haven for many sick, abandoned or cruelly-treated kittens and cats.
The intake room provides instant comfort and enrichment whilst our team carefully assess each case for illness and infections or signs of cruelty whilst keeping other animals, who may be recovering from other health problems, safe. Securing the health of all our animals at the centre.
Each cat ‘pod’ provides enough comfort to provides security, yet enough space for freedom too. They benefit from climate control keeping all our kitties cool in summer and warm in winter with a specialist air-exchanger that ensures prevents cross-infection between cats, whilst keeping the air new.
It costs approximately £9,000 per week to operate our centre, so your gift in kind, no matter how small, will help to guarantee our future. It will ensure that we’re here tomorrow to ensure that neglected, abandoned and cruelly-treated animals will continue to have a safe and secure place where they can be cared for rehabilitated and rehomed with caring families.
Leaving a legacy gift is an important decision, but it doesn’t have to be complicated. We have information, support and advice available to make the process as easy as possible. Here are the basics:
How do I make my Will/change my existing Will?
Firstly, we recommend that you make an appointment with a specialist legal advisor. It can be useful for you to make a list of your assets and a list of the people and/or causes that you wish to leave something to. Your legal advisor will work through your assets with you and record exactly how you wish them to be split.
How do I word my Will?
If you decide to leave us a gift in your Will, please use the below wording. It is very important you specify the name and charity number of our Branch to ensure that the Gift comes directly to us.
"I give the sum of £(specify) to the Royal Society for the Prevention of Cruelty to Animals Derby & District Branch, 45 Abbey Street, Derby DE22 3SJ (registered charity number 222620), for its general purposes and I declare that the receipt of the honorary treasurer or other proper officer of the said Branch shall be a full and sufficient discharge for the said legacy."