LEAVING A LEGACY
The only way we can ensure our wishes are met when we die is by making a Will. By remembering The Royal Navy Officers’ Charity in your Will you can ensure we are able to continue helping those from the Naval community who require our support.
Your legacy or bequest will also mean that you can take advantage of the tax privileges that are available to encourage such support. Legacies or bequests can reduce or even eliminate the tax payable on the balance of any estate and are themselves totally exempt from inheritance tax.
HOW DO I MAKE A WILL?
A Will can be made by yourself, however we would advise (especially if your wishes are not straightforward) to consult a solicitor or to use the Will service from the Post Office to ensure your Will is legally valid.
LEGACY OR BEQUEST?
A legacy is a specific sum of money left in your Will. A bequest refers to property and possessions i.e. a specific property or the residue/share of your estate.
DOES THE RNOC NEED TO KNOW MY INTENTIONS?
The RNOC understands that the business of making a Will is a very sensitive matter and it is voluntary for you to disclose details of your intentions to us. It does however help us to plan
ahead and we would therefore be most grateful if you were to advise us of what you have arranged.
GIFT AID
Gift Aid gives you an extra 25p for every £1 you donate.
Gift Aid, an income tax relief, benefits the RNOC as long as you’re a UK taxpayer. Gift Aid increases the value of your charity donations by 25%, because the charity can reclaim the basic rate of tax on your gift – at no extra cost to you.
