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07/01/2010
Will survey shows quarter plan charitable giving |
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Nearly a quarter of people intend to leave some money to charity in a will, a new study has found.
Standard Life's annual survey on wills and trusts established that 23 per cent of people plan to make donations to a good cause, with this being the case for 40 per cent of 18 to 24-year-olds.
The figure was highest for those people who were single, who were more likely to bequeath funds than someone who was married, cohabiting, divorced or widowed.
Those keen to ensure that a charity gains financially upon their death may wish to speak to a lawyer skilled in will drafting to compile the document and ensure such a provision is in place.
While good causes may benefit from the generosity of some people, it appears that younger parents are less likely to ensure their children are cared for in the event of their death.
Data produced last month by the Fellowship of Professional Willwriters and Probate Practitioners found that 85 per cent of those aged between 18 and 30 in Britain had no will and of these, 53 per cent were parents.
Written by Anna Norton
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