Magen David Adom UK is wholly dependent on voluntary donations. A significant and growing proportion of this funding comes from the legacies of supporters of MDA's life-saving work in Israel who have generously remembered MDA in their wills.
No matter how large or small your estate may be, just think of house price inflation in recent years, a gift to charity can bring its overall value closer to the current threshold of £300,000 at which tax at the rate of 40% starts to become payable.
You can give a legacy to MDA when making a new will or, if you have already made a will, by adding a codicil.
A legacy to MDA is also tax-efficient as no inheritance tax will be payable on it. A charitable gift will also have the effect of reducing the overall value of your estate for inheritance tax purposes.
Once you have decided to give a legacy to MDA the next step is to seek and obtain competent professional advice. A solicitor can help you with the technicalities and identify how best to incorporate the MDA legacy in your will.
MDA will be happy to provide you or your solicitor with appropriate wording to carry out your specific wishes.
Please feel free to contact MDA on a confidential basis if you have any queries or need further guidance about giving a legacy to MDA, thereby ensuring that its unique lifesaving services can continue to meet Israel's needs for many years to come.
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