Leaving a gift in your will is easy to do. It's usually a simple and straightforward process.
Making a will hardly costs you anything at all and it's a way of positively investing beyond today.
There's usually no tax to pay on gifts left to Action. For those with larger amounts to leave, there's also a Government scheme called Legacy 10. This reduces your overall inheritance tax on everything you leave - because you chose to give 10% of your estate as charitable gifts.
You can leave a specific sum of money to Action. Or, as many supporters have done, you may choose to leave a 'residuary' gift; a percentage of the remainder of your estate when everything else has been deducted. That way you won't need to worry about having enough, your gift will simply come from whatever is left over.
Or you could leave items like shares, jewellery or paintings.
And of course you can leave assets to a name beneficiary during their lifetime, after which they would pass to Action Medical Research. That's known as a Reversionary Gift.
Perhaps you already have a will? Amending it to include a charity can be easy. You just have to complete a Codicil form. You can download a codicil form or call us and we'll send it to you.
If you have already decided to make a gift in your will to Action and we don't know about it, could you tell us please? We'd really appreciate it and would love to say thank you. And we absolutely promise that any information you share with us will be kept in the strictest confidence.
Download response form.
We strongly recommend that you seek the advice of a solicitor or other qualified advisor. You can find details of solicitors in England and Wales through the Law Society, or for Scotland and Northern Ireland through The Law Society of Scotland and The Law Society of Northern Ireland.
We aren't able to offer legal or financial advice but we are happy to discuss your wishes and intentions. For example you can leave a general legacy for Action Medical Research to invest wherever the need is greatest, but we also welcome gifts that are focused on your interest within one of our three research areas:
- treating sick and vulnerable babies
- helping disabled children
- targeting rare diseases
Download our simple information sheet for suggested wording for your will.