A key role for a legacy officer is to optimise the value of legacy gifts and make the biggest impact possible for the legacy donor.
Understanding the importance of checking estate accounts
Checking estate accounts can seem time-consuming and confusing. So why is it vital that you do it, and what should you look for? Checking estate accounts is an important part of ensuring that the administration of an estate has been completed correctly, and that a charity has received its full entitlement under the Will. Indeed, a charity should not give …
Crispin Ellison – Joint statement from Legacy Link and the ILM
It is with great sadness that we write to announce that Crispin Ellison died peacefully with his family on Friday 30th August. There are few people to have made such an impact on our sector, and Crispin was certainly one of them. For those of us that had the pleasure to work with him during his three decades in legacy …
How should a charity approach an ex-gratia payment from legacy estates?
Have you ever been asked to make a payment from your share of an estate, and weren’t sure if you should agree?
When it comes to legacy accruals, consistency is the best policy
Weekends mean ‘lie-ins’ in our household (in a very loose sense of the word). The chance to enjoy the comforts of a soft mattress and a bit more shut-eye for an extra hour or so until the necessities of the day and the co-ordinating of children can’t be put off for any longer. There’s no formal system but my good …
Three areas your charity needs to put in place when managing legacy income
How Trustees manage legacy income is a key pillar of efficient charities. With increasing regulation and recent criticisms of the sector, putting accountability at the heart of every organisation (large or small) is essential for long term self-preservation and potential damage limitation. Legacy administration itself is a particularly delicate area, and should be considered by all charities as a priority in …
Meet the bursary winners – Laura Kennedy
I feel really honoured to have won a Crispin Ellison Bursary Award and am so excited about the opportunity to complete the Certificate in Charity Legacy Administration (CiCLA). It will make such a difference not only to my career and personal development, but to Action on Hearing Loss where over two thirds of our voluntary income is from legacies. As …
Meet the bursary winners – Amanda Hyatt
A month on and I am still surprised to have been chosen as one of the winners of the Crispin Ellison Bursary Award for 2019, and absolutely delighted too. I work for a local hospice (St Peter & St James Hospice, in Mid-Sussex) and only started dealing with legacy administration a year ago. It has been a steep learning curve …
Legacy training bursary winners announced
Legacy Link are pleased to announce that the winners of this year’s Crispin Ellison Bursary Awards are Laura Kennedy from Action on Hearing Loss, and Amanda Hyatt from St Peter & St James Hospice. The winners were selected by a panel including Crispin Ellison and announced at the ILM Legacy Conference on Friday 10th May 2019. Sharon Comfort from Legacy …
Income Tax and Legacies
One important way of increasing the value of a legacy is by claiming back the tax paid on income received during the course of an administration. Although the sums involved may seem modest when compared to the overall value of the legacy received, when added up it can amount to a considerable sum which can then be used toward your charitable objectives. So, what are the principles, and how is it done?