Making a Will is important
It costs as little as £100 to make a Will but most people don’t. This can mean that their wishes may not be carried out and loved ones suffer avoidable distress at a very difficult time.
It can also mean the possible loss of part of the estate through Inheritance Tax, where this (property with contents and personal savings) is worth more than £285,000. As an educational charity, gifts and bequests to the Gardens are free of tax.
Making a Will is easy
It helps to consult a solicitor and tell him/her of your wishes in order that your Will can be drawn up. Your solicitor’s advice may include:
- Helping you work out the value of your estate
- Advising you on Inheritance Tax
- Explaining the role of the executor
Keep your Will in a safe place and up-to-date (you can update it at any time).
Why the Gardens need your help
The Gardens receive no ongoing help from local or national government funding. Most of our annual running costs of over £1.2m are met by our membership subscriptions, entrance charges and enterprise initiatives. All new developments have to be paid for through voluntary donations. We need to spend all the money we raise to maintain and develop The Gardens to a high standard as an important amenity and educational facility.
All legacy income is spent on new projects, education facilities and developing the plant collection and not on administration. In recent years we have been able to expand our education facilities and programme because of the generosity of individuals remembering The Gardens in their Wills.
Shaping the Gardens’ Future
By making a legacy, you can help us expand our education and plant conservation work. A first class library is being developed. Over the next 10 years we hope to extend our facilities by building a new nursery, an Alpine House and a Southern Hemisphere Glasshouse. These will add to the Gardens’ features and help us ensure that they maintain their reputation as a centre of excellence.
What to do
After you have provided for your family and friends, you may have some money that you could leave to The Gardens and we would welcome every gift, large or small. There are two ways in which you can help us:
- A specific bequest – a sum of money or particular possession.
- A residual bequest, which is the amount left when all other bequests have been made.
Your gift will help ensure that The Gardens will be enjoyed for generations to come.
If you would like to know more about The Gardens and how your gift may be used please phone and ask to speak to the Chief Executive.