Leaving a legacy to PAN UK is the
most lasting gift you could make. The funds we receive from legacies will
ensure that we can continue our work in the United Kingdom, Europe and Africa,
and will guarantee that the problems of pesticides remain on the environment and
health agenda, and support our determination to find solutions.
Of course we understand that your first
priority will be to ensure that those closest to you are taken care of.
However if you are interested in leaving a gift to PAN UK you can do this
in a number of ways.
There are several ways in which you can
leave a legacy
Everyone should have a will. Without a will
there is no guarantee that your belongings will be distributed according to your
wishes. A will is also an easy way to support your favourite charities.
It is not expensive to make a Will, it is
however, best to go to a legal adviser and get reliable professional advice.
It is relatively easy to alter an existing
will with relatively minor alterations or additions, making a Codicil can do
this. Again a legal adviser will be able to assist you in doing this.
Wording to use in a will
If you do decide to leave us a legacy it is
very important that the wording is accurate. If there is any doubt over the name
or any other detail of the charity this will delay or may even cancel the
legacy.
To leave a share of your estate (a
residuary legacy):
I give all/ a share (please state the percentage or
fraction) of the residue of my estate absolutely to Pesticide Action Network UK,
Development House, 56-64 Leonard Street, London EC2A 4JX, Registered Charity Number
327215, to be applied by Pesticide Action Network UK for its charitable
purposes, and I direct that the receipt of the Hon. Treasurer or any other
proper officer of Pesticide Action Network UK for the time being shall be
sufficient to discharge to my executors.
To leave a specific sum (a pecuniary
gift):
I give Pesticide Action Network UK, Development House,
56-64 Leonard Street, London EC2A 4JX, Registered Charity Number 327215, the
sum (write in here the amount in figures and the amount in words) to be applied
by Pesticide Action Network UK for its charitable purposes, and I direct
that the receipt of the Hon. Treasurer or any other proper officer of Pesticide
Action Network UK for the time being shall be sufficient to discharge to
my executors.
To leave a specific item:
I give Pesticide Action Network UK, Development House,
56-64 Leonard Street, London EC2A 4JX, Registered Charity Number 327215, (write
in here whatever you wish to give) to be applied by Pesticide Action Network UK
for its charitable purposes, and I direct that the receipt of the Hon. Treasurer
or any other proper officer of Pesticide Action Network UK for the time
being shall be sufficient to discharge to my executors.
If an estate (currently £255,000) is over a
certain threshold the amount over this threshold is liable for 40% tax, known as
Inheritance Tax. For instance, on an estate worth £350,000, tax of £38,000
will have to paid. However if you leave a legacy this will be deducted
from the worth of the estate before the tax is calculated. For instance on an
estate worth £350,000 with a legacy of £30,000 the tax due will be £26,000
instead of the £38,000 on the estate that has not left a legacy.
PAN UK would prefer that you did not
leave a legacy for a specific project. The reason for this is that our
projects reflect current concerns and are therefore dynamic; hence they will
alter over the years.
If you do decide to leave a legacy to PAN UK
we would be grateful if you could let us know. We will, of course, treat
this in the strictest of confidence and it is not binding in any way, you are
free to alter your will whenever you wish.