Remember a street child in your will include a gift to Toybox
No one else would remember a child like Sofia
Abandoned and homeless, Sofia had no mother, no father, no grandparents. No one to remember her.
Having travelled to countries across Latin America, I’ve met many children like Sofia. Children living on the streets. Children traded like commodities. Children who need people like you and me to remember them. That’s why I chose to include a gift to street children in my Will.
If you have already included Toybox in your own Will, or are considering doing so, then I would love to talk to you about how necessary these very special gifts are to the future of children like Sofia.
Lynne Morris Chief Executive
Want to talk to Lynne about including street children in your Will?
You can to decide what happens to your property and possession after your death.
You can decide how to provide for family, friends and charities.
You can appoint an executor.
You can appoint a guardian for any children under 18.
You can reduce or even avoid Inheritance Tax.
Who should write my will?
We would always recommend that you seek professional legal advice when writing your Will.
What happens if I do not make a Will?
If you die without making a Will, you die intestate. This means your property and possessions may be divided against your wishes. The Inland Revenue can claim up to 40% of your estate as Inheritance Tax. Children under 18 may be put in care.
How do I go about making a Will?
The following two simple steps will help you prepare for your meeting with a good solicitor:
Prepare a list of all your assets and liabilities
Prepare a list of all your financial details (banks accounts, stocks and shares etc…)
List the family, friends and charities you want to include in your Will
Decide what type of legacy you want to leave; obviously a residuary legacy (percentage of your estate) does not devalue with time.
Different types of gifts
There are three main ways you could leave a gift to Toybox in your Will:
These are items or possessions such as valuables or shares.
A financial donation of a fixed amount.
A gift of all or part of what remains of your estate once your other wishes have been met.
How you choose to structure your Will is entirely your concern and we are so grateful to be remembered in any way. However, the disadvantage with pecuniary gifts is that the value of these will erode over the course of your lifetime. That's why a popular choice amongst our supporters is to leave a residuary gift. These are guarded against inflation and means that your gift can have the impact you want.
Making a Will is straightforward but as it is a legal document it is important that you get professional help from a solicitor.
Thank you so much for considering putting Toybox into your Will. Please do call our or email our Legacy Officer if you have any further questions.
If you already have a Will but want to make some changes to include Toybox, you don’t need to start again – but you can easily add in a gift to Toybox using a codicil. This is a short separate document written to work with your Will without invalidating it.
However if you want to make substantial changes to your Will – you would be best to revisit your solicitor to make sure there are no mistakes made which could invalidate your existing Will.
Gifts in Memoriam
Many people also see writing their Will as a chance to say how they wish to be remembered at their funeral service. One option is to ask people to make donations to a favourite cause instead of sending flowers.
Making a donation in memory of a loved one can offer family and friends an opportunity to do something positive during a difficult time. If you would like to be remembered in this way you can add a codicil to you Will or make sure your executors know your wishes.
Toybox Registration Details
Tel: 01908 360050
(international 44 1908 360050)
Registered charity number in England & Wales as a charity no 1084243
Company limited by guarantee in England number 03963000