48% of people in Yorkshire and the Humber extremely unlikely to leave money to charity in their will

48% of people in Yorkshire and the Humber extremely unlikely to leave money to charity in their will

48% of people in Yorkshire and the Humber said that they’re extremely unlikely to leave money to charity in their will according to Graysons.

A recent survey conducted by the firm asked people of all ages over 18 whether or not they had considered or would consider leaving some of their assets to a charity also found that only 9% of people were likely to donate to the third sector through their will.

Graysons said that many people in the UK are simply unaware of the financial benefits that can be gained from leaving a legacy gift to charity.

“Though this tax provision has be publicised by the Government, the message has yet to fully reach all those in a position to consider the option,” said the firm.

Other reasons for the survey results included people thinking that they would never make a will, and the current squeeze on housing, which has left younger generations feeling that they will never have any spare money.

“This is bad news for such organisations, and wider society; the work that charities do make a positive and tangible difference to the lives of everyone living both in the UK and around the world,” added the firm.

“Without adequate funding, their ability to affect change and provide much-needed support will be greatly diminished.”

 

 

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Marek Handzel

Marek is the Editor of Yorkshire Legal. Marek welcomes articles, letters or feedback from readers and can be reached by emailing marek.handzel@barkerbrooks.co.uk