How to include Orbis in your will

To leave a gift to Orbis in your will, you will need to include our charity name, address and charity number in your will: Orbis Charitable Trust (Registered Charity No. 1061352) of 6th Floor, 10 Lower Thames Street, EC3R 6AF. We’ve included some more detailed information below to help you get started.

Type of gifts

The most common types of gifts include:

Residuary gift: a share of your estate after all other payments, debts, taxes and administrative expenses have been deducted. As a residuary gift is a percentage of your estate it will keep its value over time.

Pecuniary gift: a fixed amount of money. The value of pecuniary legacies can decrease over time as the cost of living increases.

Alternatively, a number of our supporters have chosen to make a single significant gift in their lifetime rather than make a bequest in their Will. If you wish to make such a lifetime gift and would like to discuss your plans further, please contact us on 020 7608 7269 or [email protected].

Suggested wording

For a residuary bequest (a percentage)

I give (percent) of the residue of my estate absolutely to Orbis Charitable Trust (Registered Charity No. 1061352) of 6th Floor, 10 Lower Thames Street, EC3R 6AF for its general charitable purposes. I direct that the receipt of the Treasurer or other duly authorised officer shall be sufficient discharge to my executors.

For a pecuniary bequest (a set sum)

I give the following legacy free of tax to Orbis Charitable Trust (Registered Charity No. 1061352) of 6th Floor, 10 Lower Thames Street, EC3R 6AF for its general charitable purposes the sum of £_____. I direct that the receipt of the Treasurer or other duly authorised officer shall be sufficient discharge to my executors.

What is inheritance tax and how can you minimise it?

Inheritance tax is the amount of money that you will need to pay from your state if the value is over a certain level. The amount may change in the future and there are exceptions and benefits available to married couples and civil partners. We would advise that you talk to your solicitor or professional financial advisor to understand how this affects your personal situation. For more information you can also visit the HMRC website at www.hmrc.gov.uk.

If you leave a gift in your will you may be able to reduce or even eliminate your inheritance tax liability. Gifts to charities are 100% tax free and are taken out of your estate before any tax is calculated. In addition, if you leave at least 10% of your net estate to charity after certain deductions your inheritance tax rate will be reduced from 40% to 36%. Please be aware that these conditions are subject to change, so if this sounds like something you might want to consider we recommend talking to a solicitor or your professional financial advisor to take further advice.

If you would like to find out more, please request our free booklet on legacy giving, which describes how to make or update your Will and how to leave a gift for Orbis.

Phone number: 020 7608 7260