Some of our supporters have asked us how they can leave money to World Prayer Centre when they die. The only way to do this is to include the appropriate provision in your will or a codicil. A codicil is a document sometimes used to make minor changes to a will rather than making a completely new will. A will or codicil will only be enforceable if they meet strict criteria and so it is always advisable to consult a solicitor. Your solicitor will be able to advise you on how best to carry out your wishes and how they will affect any other provisions in your will or codicil.

There are two types of gift that you can make to World Prayer Centre:

  • Legacy – A gift of a specific item (i.e. a painting or piece of furniture) or a particular cash sum.
  • Residue - The balance of your estate after paying all expenses and legacies.


BlondeWhen leaving a legacy or share of residue to World Prayer Centre please advise your solicitor of our registered charity number (1072222) and indicate how you would like the gift to be used. Many legacies are left for "general purposes" which means we can use the gift however we see fit. You may however want to benefit a particular project but please first check with us to make sure your objective can be carried out.

If you give more than 10% of your estate to charity a reduced rate of Inheritance Tax will apply if your estate is liable to tax.

We do strongly recommend that you discuss your Will with a solicitor to make sure that your wishes are clearly set out and anyone else properly provided for.

TYPES OF LEGACY

PECUNIARY LEGACY
To leave a specific sum of money in your will, you would need to include the following instructions in your will:
"I give to World Prayer Centre of Cornerstone House, 5 Ethel Street, Birmingham B2 4BG, Registered Charity number 1072222, the sum of £ (in figures) and (in words) absolutely for its general purposes, and I direct that the receipt(s) of the Director of Finance or the other duly authorized officer shall be sufficient discharge to my executors"

SPECIFIC LEGACY
To leave a specific item such as a piece of antique furniture or your house, the following instructions would be needed:
"I give to World Prayer Centre of Cornerstone House, 5 Ethel Street, Birmingham B2 4BG, Registered Charity number 1072222, my (description of property) absolutely for its general purposes, and I direct that the receipt(s) of the Director of Finance or the other duly authorized officer shall be sufficient discharge to my executors"

RESIDUARY LEGACY
To leave what remains of your estate once family and friends have benefited and debts have been cleared, the following instructions would be needed in your will:
"I give all (or a share) of the residue of my estate to World Prayer Centre of Cornerstone House, 5 Ethel Street, Birmingham B2 4BG, Registered Charity number 1072222, the sum of and I direct that the receipt(s) of the Director of Finance or the other duly authorized officer shall be sufficient discharge to my executors"

If you would like a confidential chat to discuss making a will in more detail please do call us on 0121 633 7393.