Legacies

Look after the future of your loved ones… and leave a gift to York Mind. Small or large, every gift we receive in a Will makes a vital contribution to our work.

How to make a Will

Writing a Will is the only way to ensure that what you leave behind is distributed according to your wishes. However only around 50% of people aged over 40 have a Will.

Writing WillWe know that caring for your family and friends is a priority; however after making provision for them, if you would consider leaving a gift to York Mind it would be greatly appreciated. You can either leave a specific amount of money, which is known as a Pecuniary Bequest or a share of what’s left over after all your wishes have been carried out, which is a Residuary Bequest. Rather than leaving a precise sum of money, many choose to leave a percentage or the residue of their estate as it means that its value will not be affected by inflation.

Leaving a gift in your Will to York Mind couldn’t be simpler. If you haven’t yet made a Will it can be done when you see a Solicitor. If you already have a Will your Solicitor can simply add an addition to it.

Search for a local Solicitor

If you choose to leave a gift to York Mind please use the following wording:

 

“I bequeath to York Mind, Registered Charity Number: 1006759, Highcliffe House, Housecliffe Court, York YO30 6BP for its general charitable purposes…

Then insert one of the options below:

  • All the residue of my estate
  • One X share of the residue of my estate
  • X% of my estate
  • The sum of £X
  • All my personal effects, e.g. rings, necklaces

 

An alternative way to leave a gift to York Mind is through CAF (Charities Aid Foundation). Simply state in your Will the gift that you would like to leave to CAF and then provide CAF with a letter to say which charity you would like your gift to go to, they will ensure its delivery. There are no legal fees, no need for Solicitors and you can make changes for free.

For further information on leaving a donation through CAF call: 0300 012 3504

How your gift will help York Mind

What we do

SolicitorDespite advances in medicine and general understanding, being diagnosed with a mental illness can still have a devastating impact on an individual’s life. Aside from the illness itself, stigma, discrimination, exclusion and isolation all contribute towards hindering recovery and feed a vicious circle of illness, isolation, relapse and recurring illness.

York Mind is an independent local mental health charity, covering York and North Yorkshire. Formed when ‘Our Celebration’ and ‘York and District Mind’ merged in 2011 we have over 84 years’ experience of helping people with mental ill-health.

York Mind provides high quality recovery-focused mental health services which include a wide range of services including befriending, counselling, advocacy, job search support, young person’s mentoring, computer training and a healthy eating course.

These services help over 700 people every year as they recover from a variety of mental health problems. We help them achieve outcomes that will progress them towards recovery, social inclusion and integration in mainstream activity such as learning, volunteering or employment.

Your gift will help York Mind to secure its future

At a time when funding for mental health provision across the city is becoming more and more competitive, it has become apparent that the people who are asking for our help are increasingly unwell and often in a state of crisis – which we believe with our help, could be prevented in many cases.

Our services cost over £300,000 to run each year and we desperately need to increase their capacity so that we can support the ever increasing number of people needing our help. Leaving a gift in your will would help us to keep these essential services operating, and mean that we can continue offering a vital lifeline to a wide range of vulnerable people in our area who are experiencing mental ill-health.

The tax advantages from writing a Will

Last Will

Current legislation states that your beneficiaries will not have to pay any inheritance TAX if your estate is less than £325,000. Anything over £325,000 is liable to 40% inheritance Tax. Gifts to charities are generally exempt from Inheritance tax. If you leave a charitable gift it will be deducted from your estate before inheritance Tax liability is calculated.

Your beneficiaries will not be liable to pay inheritance Tax if you leave your assets to your spouse of civil partner as they are exempt. Once your spouse or civil partner dies, there is no exemption and the whole estate will be liable for inheritance tax.

From 6th April 2012, if you leave 10% or more of your estate to a charity, you’ll be taxed at a lower rate (36%) rather than 40%) on any part of your estate that qualifies for inheritance tax.

If you would like any further information about leaving a gift in your Will to York Mind please call our Service Manager (Fundraising) Rosanna on 01904 643 364 or email Rosanna.Adndrews@yorkmind.org.uk

Glossary of terms

  • Beneficiary – A person who benefits from a gift in your Will
  • Bequest/Legacy – A gift in your Will
  • Codicil – A ‘supplement’ making a change or addition to your existing Will
  • Estate – Total sum of all your possessions, property and money
  • Executor/Executrix – A person you ask to make sure the wishes expressed in your Will are carried out. Executors can also be beneficiaries.
  • Inheritance Tax – The Tax levied on your estate if it is more than the amount specified by HM Revenue and Customs. A gift to charity is exempt from Inheritance Tax.
  • Pecuniary Legacy – A gift of a specified Sum of money
  • Residuary Legacy – A gift of what is left of your estate (or part of) after all debts, taxes, costs and other bequests. It can be a percentage, fraction or part of an estate.
  • Reversionary Legacy – a gift of a Will that reverts to another beneficiary (such as a wife, husband or child) when the original beneficiary dies.
  • Specific Legacy – A gift of a particular item in you Will e.g. a painting, antique, jewellery, etc.
  • Witness – A person present at the signing/authorising of your Will. A witness cannot be a beneficiary.