Leave a legacy
Making a donation through your Will can make a real difference to so many people's lives. What is more, it's also good to know that bequests to charity are subject to far fewer tax deductions.
Legacies
Like many other charities, the future of Rethink's work very much depends on our legacy income. This is because legacies are one of our most important sources of funds. They ensure that we can still be there in the years to come to help people affected by severe mental illness.
At Rethink, we want to continue campaigning to challenge the stigma and discrimination faced by people affected by severe mental illness and improve the quality of treatment and care they receive in the UK.
Even in today's modern society, this stigma and the shortfalls of the national health service can too often lead people who experience severe mental illness into a spiral of isolation, homelessness, depression, suicide or neglect.
Through our many Rethink services we work to address these immediate problems but ultimately, we work to give people with a mental illness the opportunity to achieve a meaningful and fulfilling life, just like everybody else.Your bequest will help us to achieve this.
Making a donation through your Will makes a real difference to many people's lives and the advantage is that you don't have to part with money today.
It's also good to know that bequests to charity attract neither Inheritance Tax nor Income Tax and are also exempt from Capital Gains Tax.
What gift can benefit Rethink in your Will
A Will often consists of a number of specific gifts of money or property to family and friends. What is left over (called the residue) is then left to whoever you choose.
It is important to make a Will, otherwise the law will decide who is to receive your property according to strict rules which may not reflect your wishes.
After you have provided for your family and friends in your Will you can benefit Rethink by leaving a fixed sum of money, the residue of your estate or a share of the residue.
A word of advice
Consider naming a substitute beneficiary in case your first beneficiary dies before you.
You can make a gift conditional by specifying, for example, that the gift only comes to Rethink if other beneficiaries die before you. You should not, however leave a house to Rethink with strings attached without consulting us first. Otherwise, it might make things too complicated and costly for Rethink in the future.
If you want your gift to benefit a specific Rethink project, consider naming another Rethink project or Rethink's registered office (28 Castle Street, Kingston-upon-Thames, Surrey, KT1 1SS) as a substitute beneficiary in case the project you choose today closes down in the future.
You can leave a house to someone either as a specific item or part of the residue of your estate. It is also possible to leave a life interest in a house to someone so that they can still live in it with the house going to Rethink when they die.
How to word your bequest to Rethink
If you wish to support Rethink by leaving the whole of your estate or a share of it in your Will, the recommended wording is:
"I give the residue (or" a ... % share") of my estate to the Rethink (Registered charity No.271028) of 28 Castle Street, Kingston-upon-Thames, Surrey, KT1 1SS and the receipt of the Secretary or other proper officer for the time being of Rethink shall be a complete discharge for my Executors..."
or
"I give the sum of £___ to Rethink Registered charity No. 271028) of 28 Castle Street, Kingston-upon-Thames, Surrey, KT1 1SS and the receipt of the Secretary or other proper officer for the time being of Rethink shall be a complete discharge for Executors."
We recommend that you always seek the professional advice of a solicitor when drawing up or updating your Will .
To make a bequest to Rethink in your Will, you need to state our details accurately to your solicitor. Below is our official registered name, address and number.
Registered Name and Address
Rethink
28 Castle Street,
Kingston-upon-Thames,
Surrey KT1 1SS
Registered Charity Number:
271028
If you have any further queries please contact the Legacy Manager on 0845 456 0455 or e-mail your request with your name and address to legacyinfo@rethink.org
