
HAVE YOU HEARD
THE ONE ABOUT LEGACIES?
In May and June, pilots were
undertaken in giving a short talk at branch and group meetings to help
raise awareness of just how vital legacies (gifts left to us in supporters’
wills) are to our work; how easy it is to leave a legacy, and the important
role that branches and groups can play in spreading the word.
These talks, at South London,
Manchester, Cardiff and Exeter also promoted the availability of a new
MND Association Legacy Information pack (a sample was sent to each branch
secretary in the June branch mailing). The talks now form part of the
regional fundraisers’ function and they welcome invitations to
deliver legacy talks at branch or group committee meetings.
We depend almost entirely upon voluntary donations, and legacies have
long been a vital element of that income. Their importance cannot be
over emphasised. In recent years they have regularly accounted for over
a third of the Association’s annual income.
Quite simply - legacies are
absolutely vital in helping meet the costs of our world class research
programme and extensive care services. But as we know, the demand for
our services is growing all the time. Add to this the current economic
climate, and there is concern among charities that the value of legacies
may diminish and this could have serious repercussions.
The MND Association is fortunate
in having very robust finances and other strong income streams, but
with just 1 in 7 people making a will also including a gift to charity,
we need to continue to ask our supporters to keep us in mind when considering
legacies.
However, we always recognize
that a valid will is first and foremost an important way to secure the
future of family and friends and to make known personal wishes to those
left behind. Only after providing for family and friends, do we ask
people to consider including a legacy to the MND Association to help
continue our work.
It’s simple to leave
a legacy. It can be easily incorporated into a new or existing will
and there can be any number of legacies in a will. There are different
types of legacy with very technical sounding names but they are readily
explainable. An explanation can be found on the Association’s
website and in the new Legacy Information pack along with other useful
and practical information.
An important consideration with any estate is taxation. Happily, any
legacy left to a charity, like the MND Association, is exempt from inheritance
tax. Again the information pack explains this more fully.
Legacies offer our supporters
an important way of continuing to support the Association’s work
after they have ‘departed the scene’ and, if wished, they
can be recorded in a personal Tribute Fund - a permanent record of practical
remembrance.
If you would like to know
more or to request a Legacy Information pack, please email Stephen May
at stephen.may@mndassociation.org
or call him on 01604 611865
You can also visit the legacy pages of the Association’s website
at www.mndassociation.org/legacies