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One in five people 'would think about a charitable legacy'
By Kaye Wiggins, Third Sector, 27 July 2010
But those who have written a will already are unlikely to change them, nfpSynergy survey finds
One person in five has not yet written a will and would consider leaving a bequest to charity, new research shows.
The data, which comes from sector consultancy nfpSynergy and is published this week, is based on a survey of more than 1,000 people.
Twenty per cent of those surveyed said they had not yet written wills but would think about including legacies to charities when they did.
Only 7 per cent of those surveyed said they had already written wills but would consider changing them to include charitable donations.
Seven per cent of respondents said they had already made wills that included legacy gifts to charities. Twenty-three per cent said they had made wills and either would not consider leaving legacies or were unsure about whether they would alter their wills to do so.
Forty-three per cent had not made wills and would not consider leaving legacies, or were unsure.
Rebecca Molyneux, a researcher at nfpSynergy, said: "Charities should nurture relationships with younger generations, who are far less likely than older supporters to have made wills but have high consideration rates for giving legacies."
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David Burrows, 27 July 2010, 16:04
From the research I have seen a greater proportion of younger people say they will consider the idea of a legacy gift than older people. However, what is less clear is whether this is any indicator of actual behaviour. It could be that a younger generation is different from the old and will be more legacy minded \(hurrah if that is true), but equally it could be that younger people have a more 'rose-tinted' view of the future because old age is still a long way away. Nurturing the 7% who have already made a will and would consider including a charitable donation may yet be just as good an investment as the 20% who have so far done nothing but think they might one distant day.
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richard hick, 28 July 2010, 10:44
It's clear froms speaking with elders that Wills, and charitable gifts in wills, are overwhelmingly life experience and event driven. The certainties of our yesteryears mock us all or as Dylan Thomas said...Oh as I was young and easy in the mercy of his means,
Time held me green and dying
Though I sang in my chains like the sea
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Lucy Archer, 28 July 2010, 10:51
its not a bad plan leaving a good amount of money to charity in yourr will as your never sure if you can regulary donate when alive as you dont know whats gonna happen and this way you leave something to a charity that you knnow you can.
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