There are many ways you can make a gift which is both simple and efficient
Residuary: the amount left over after all other costs, for example, funeral expenses, have been deducted
Pecuniary: a fixed sum of money
Specific: a gift of a particular named item, for example, a painting, building or land
Reversionary: a gift to a loved one for use during his or her lifetime which can then be passed onto a specified charity after this time
Leaving a gift in your will is an effective lasting contribution without any immediate outlay. Legacies left to charities are free from inheritance tax, which means a legacy could result in your tax bill being reduced.
If you have already made a will, you can add an amendment, known as a codicil, which Baltic can provide for you. We do recommend that you consult with your legal advisor when deciding upon making a legacy.
Whatever the size, your gift can and will make a difference
By making a gift to Baltic, you are recognising the work that we do and the difference we make to people’s lives. No gift is too large or too small.
If you would like to pledge a gift to Baltic, email us for more information.