UK charities receive 15 percent of their contributions from will bequests, but only 7 percent of individuals in the UK leave any bequest to charities. Leaving a gift to a charity through a will can bring the benefit of lowered UK inheritance tax by either bringing the estate below the £325,000 threshold for the estate, or by reducing the tax from 40 to 36 percent if 10 percent or more of the overall estate’s value is gifted to charity.
See Chris Gibson, Charitable Donations, Solicitors Journal, March 27, 2015.
