Where there's a Will there's a Way
Whatever your time of life, it is always sensible to make a Will. It ensures that when you die your family are financially protected, and provides you with an opportunity to substantially benefit the charitable causes you have supported during your lifetime.
Why remember Rigul Trust in your Will?
Whatever their size, bequests are vital to Rigul Trust. They are vitally needed to provide relief from poverty in remote communities within Tibet and to provide for the short and long term needs of Tibetan refugee communities in their efforts to sustain themselves and their culture.
The importance of a Will
If you die intestate – that is, without a Will – a court will appoint administrators to deal with your ‘estate’ (the legal term for everything you own). They won’t know your personal wishes and priorities and will divide your estate, according to strict rules, among relatives by blood and marriage. Making a Will lets you choose.
We strongly advise that you take legal advice and go to a solicitor if you don’t already have a Will. If you do have an up to date Will then you can make a simple addition to it by adding a Codicil that states your wish to leave some of your money to Rigul Trust. We advise you to check this with your solicitor if you are in any doubt.
Here is some suggested wording for a codicil (Press link)
Witnessing your signature
For the Will to be legal it must be signed by you in the presence of two witnesses who must also sign it. They must not be beneficiaries or related to beneficiaries.
The time to amend & the time to change
Keeping your Will up-to-date is as important as making it. Your wishes, your circumstances and the composition of your family can change over the years – and the will ought to reflect this.
If you have any questions or queries about this please contact us.