Will clause: gift of 10% of estate to one or more charities, with drafting notes

A clause for a will, making a gift of 10% of the testator's estate to one or more charities. The gift is designed to qualify for the lower rate of inheritance tax (36%) on the chargeable estate, which applies in relation to deaths on or after 6 April 2012. This standard clause, which can be adapted for any will or codicil, has integrated drafting notes.

We would be interested in subscribers' views on the clause.  You can send your comments by clicking on Ask a question in the banner at the top of all PLC pages.


 

The full text of this resource is available by logging in or by requesting a trial. If you have any questions, please contact us or your Practical Law Account Executive.

Free trial

A free trial will give you:

Unlimited access to our online legal know-how services during the trial period
Full training and support
Six issues of Practical Law The Journal, the companion to Practical Law online
Weekly update e-mails on current legal developments in your practice area
 

Login

Subscribers and trialists can login below

Contact Us

If you need assistance logging in or have any questions about our services, please contact us.

{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247496950381", "objName" : "Will clause gift of 10pc of estate to one or more ch", "userID" : "2", "objUrl" : "http://us.practicallaw.com/cs/Satellite/us/resource/6-506-7285?source=relatedcontent", "pageType" : "Resource", "academicUserID" : "", "contentAccessed" : "false", "analyticsPermCookie" : "2-483bb3d0:14789a413ac:11f4", "analyticsSessionCookie" : "2-483bb3d0:14789a413ac:11f5", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }