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Will legacy giving to charities become simpler?

Any steps that can be taken to simplify legacy giving would be good news for the charity sector. For many charities legacies are a crucial part of their income stream and it will be interesting to see how the Government responds to the proposals made in the report published by the Social Impact Investment Advisory Group.

An advisory group has recommended that the government simplify gift aid and legacy giving, modernise wealth advice on philanthropy and activate corporate purpose and giving in order to unlock more money for the charity sector. The final report from the Social Impact Investment Advisory Group (SIIAG), published this week, includes several recommendations on how the government can better collaborate with civil society to grow the impact economy and unlock an estimated £106bn in assets. https://www.civilsociety.co.uk/news/government-urged-to-streamline-gift-aid-and-modernise-philanthropy-advice.html

Tags

charity, charity legacy