By leaving a gift to the Foundation for Liver Research in your will, you will not only make a meaningful contribution to fighting liver disease, but you will also create a personal legacy that reflects your compassion.

Liver disease will affect someone you know and love so leaving a gift in your will is both an impactful and tax efficient way to support the future of liver disease diagnosis and treatment.

A gift to a charity in your will allows you to support a worthy cause with the money or property that you leave behind. Benefits of leaving a legacy gift include:

Make a Lasting Impact

Gifts in wills allow you to contribute to causes you deeply care about, leaving a legacy
that reflects your values
For the Foundation for Liver Research, gifts in wills allow us to plan for future research, ensuring generations to come will benefit from advances in liver disease treatment
Part of delivering successful research is training the next generation of liver disease specialists, and gifts in wills help to fund our PhD & Clinical Fellowship Programmes

Tax Benefits

Gifts to UK-registered charities are exempt from Inheritance Tax (IHT), which can reduce the taxable value of your estate
If you leave 10% or more of your estate to charity, the IHT rate on the remainder of your estate decreases from 40% to 36%

Honour Loved Ones

Leaving a gift to a charity can be a meaningful way to honour loved ones affected by liver disease or related conditions
While you’ll likely plan to leave gifts to family and friends in your will, gifting a small percentage of your estate to a health charity alongside this will contribute towards public health for the long term
If you’d like to discuss leaving a legacy in memory of a loved one or in a family name, and would like to select a specific programme or research area to dedicate your gift to, then please get in touch - contact@researchinliver.org.uk

A Guide to Leaving a Charitable Gift in Your Will

Decide on the Type of Gift

When planning a charitable gift, consider the following options:

Residuary Gift: A percentage of your estate after other bequests and expenses are fulfilled, this type of gift maintains its value over time
Pecuniary Gift: A specific sum of money, inflation can affect its value over the years
Specific Gift: Particular items of value, such as property, stocks, or possessions

Consult a Solicitor

It's best to consult a solicitor to ensure your will is legally valid and your wishes are clearly articulated. They will provide in-depth guidance on the appropriate wording and legal considerations of leaving a gift to a charity.

Free Will Writing Services

Free will writing services are available online, www.freewills.co.uk are our current free will writing partner.

Inform the Charity

While not mandatory, informing the charity of your intended gift allows us to express gratitude and keep you updated on our work. It also helps us plan for future research projects and to anticipate legal notifications and processes.

Review Inheritance Tax Implications

As gifts to UK-registered charities are exempt from Inheritance Tax (IHT), this can reduce the taxable value of your estate. If you leave 10% or more of your estate to charity, the IHT rate on the remainder of your estate decreases from 40% to 36%. Consulting with a solicitor or financial adviser can help you understand these tax benefits so that you can best plan the rest of your estate for your loved ones.

Keep Your Will Updated

Regularly review your will to ensure it reflects your current wishes and circumstances. Life events like marriage, the birth of children, or significant financial changes may necessitate updates.

Communicate with Loved Ones

Discussing your decision with family members can prevent misunderstandings and ensure your wishes are honoured. Open communication fosters transparency and respect for your philanthropic choices.

Find a Solicitor who is regulated by the Solicitors Regulation Authority (SRA)

Government resources on leaving a gift in your will

Welcome to the Foundation for Liver Research

Leave a Gift in Your Will