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Leave a gift to TOFS in your Will

Leaving a gift in your Will to TOFS helps us to continue to offer lifelong support to those affected by OA/TOF. As a charity, we receive no direct government funding and rely on donations and other sources of charitable income to fund our vital work.

What a difference a gift makes

TOFS has been lucky enough to receive three substantial legacy gifts in the last few years. Each of them has made a real difference to how the charity can operate. 

One gift helped us improve our pastoral support to members by funding the recruitment of two part-time staff. Another enabled the publication of our flagship publication The TOF Book. And the third, supported the creation of this website and development of our planned app.

These projects could not have happened without the kind legacy gifts left by our kind benefactors.

How to make a Will

TOFS has partnered with Remember a Charity who offer information and guidance about making wills. They also have a partnership with the Co-operative legal services, offering individuals advice and a 20% discount on will-writing as well as access to a free online D.I.Y. Will option with Bequeathed.

Visit Remember a Charity for more information.

Wording for your Will

If you would like to leave a gift in your Will to TOFS, you may wish to use our suggested wording to ensure that your wishes are carried out.

To leave a share of your estate

“I give to TOFS of St. George’s Centre, 91 Victoria Road, Netherfield, Nottingham NG4 2NN, registered charity number 327735, [all/_% of the residue] of my estate absolutely for its general purposes and I declare that the receipt of the Legacy Administration Officer or other proper officer at TOFS for the time being shall be a sufficient discharge to my executor(s).”

To leave a cash gift

“I give to TOFS of St. George’s Centre, 91 Victoria Road, Netherfield, Nottingham NG4 2NN, registered charity number 327735, the sum of [specify words and figures] free of tax for its general purposes and I declare that the receipt of the CEO, Trustee or other proper officer at TOFS for the time being shall be a sufficient discharge to my executor(s).”

Any questions?

Visit the frequently asked questions section on the Remember a Charity website for answers to the most common questions about leaving gifts to charity in Wills.

Visit https://www.rememberacharity.org.uk/leaving-a-gift/frequently-asked-questions/

Positive impact on UK Taxation

There are also UK tax breaks for gifts to charities in wills.

Money given to a UK charity is exempt from inheritance tax, and it is outside the “Potentially Exempt Transfers” rules.

What is more, the IHT rate charged on someone’s estate is reduced from 40% to 36% if they have given 10% or more of their whole estate to UK charities.

For an example on how this works, please read about the wonderful £71,000 that TOFS gratefully received from the estate of June Martin MBE

Tax incentives for donations to TOFS

For many years, the UK Government has encouraged people to donate to charity by offering a “Tax break”.

You may already be familiar with Gift Aid which charities such as TOFS reclaim basic-rate (20%) UK income tax already paid on donations. (So long as the giver has paid more income tax in a year than all the Gift Aid on all of their donations that same year.)

However, you may not be aware that while charities can reclaim the basic rate tax level, a higher-rate taxpayer themselves can reclaim the higher-rate tax portion on donations to charities.

If you are a higher-rate taxpayer, a net cost of just £5.83 helps TOFS more than twice this amount: £12.50!

Tax incentives for donations to TOFS
Table showing tax incentives for donations to TOFS

Please note:  the above is based on our understanding of UK income and inheritance tax rules as of 2021. Please check this out for yourself, or take professional advice. Other countries offer incentives, too, but TOFS cannot comment on that.

Leaving TOFS a legacy gift in your will enables us to do so much. Once family and friends are taken care of, please consider including TOFS on a list of charities to benefit from your will.