Making a will means you can control what happens to your money and property after you die and appoint an executor to deal with your affairs in the event of your death. If you don't make a will, the Intestacy Rules will govern how your estate is divided up, which can sometimes lead to some unexpected or unwanted surprises. It could also be more expensive for your family to manage your estate. And because the Intestacy Rules don’t allow for gifts to charity, making a will is the only way to make sure your will includes World Vision.
Not necessarily. The Intestacy Rules set out a strict order of who will inherit what, which means that your spouse may not inherit everything you own.
Yes. By making a will, you can set out exactly who receives what, dividing your estate up (equally or unequally) between your loved ones and your favourite charities.
Yes. When you make your will, you can choose to leave a set amount, or a percentage of your total estate, to a charity. It’s a great way to continue supporting them after you’ve gone. What’s more, gifts to UK charities are free of Inheritance Tax (IHT), which means you can reduce or even avoid paying any IHT on your estate. You can read more about the different kinds of legacies you can leave here.
No. Naming your sponsored child in your will is not recommended as children and their families may leave the area and no longer be participating in the programme. You can read more about leaving a legacy as a child sponsor here.