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      FJG Solicitors in Essex, Colchester, Chelmsford, London – Fisher Jones Greenwood
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      How your charity donations add up to the bigger picture…

      4 May 2020 by

      charity donations
      charity donations

      We are currently living in unprecedented times and the Covid-19 outbreak has ‘frozen’ our economy and the day to day life as we know it.

      It is no surprise that Legacy Foresight’s latest report forecasts a 27% fall in the charities’ income from Will legacies due to the Covid-19 crisis.

      Following on from past years’ steadily increase, Legacy Foresight initially predicted an increase in the total legacy income in 2020 from the £3.2 billion in 2019. However, the position has quickly changed at the beginning of March when Legacy Foresight predicted a fall of 9% on the year before instead of an increase.

      Two months’ later, Legacy Foresight have revised their position and forecast a fall anywhere between 8%-27% on the basis of lower gift values due to the weakening economy as well as a higher number of deaths.

      We have piloted a new scheme in January 2020 to offer free Wills in return for a donation to charity and we are delighted to report that since the launch of our scheme to date we have raised a total of approximately £2.7 million in combined pledged charity donations, legacies and estate residues.

      This is an extraordinary figure that would support local charities during the Covid-19 crisis (i.e. donations) as well as its aftermath (i.e. legacies and estate residues) and we would like to thank our clients for helping us achieve such an amazing figure and for supporting charities across the UK.

      Whilst our clients are free to amend their Wills at any stage and the sum raised to date is a pledged figure rather than actually received, it highlights how important it is to consider remembering a charity when making or amending a Will.

      By participating in our scheme, our clients are not only ensuring their loved ones are taken care of financially on death, they are also benefiting many thousands of charities across the UK who are in need. In addition, the gift to charity is tax-free and can reduce the amount of inheritance tax payable on the remainder of their estate-i.e. if they give at least 10% of their taxable estate to charity, the inheritance tax rate for the rest of their estate drops from 40% at 36%.

      Our free Wills scheme is ongoing and despite the Covid-19 crisis we hope to report increased numbers by the end of the year. To take part in our free Wills scheme, call 01206 700113 or email [email protected].

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      Fisher Jones Greenwood is the trading name of Fisher Jones Greenwood LLP, a Limited Liability Partnership authorised and regulated by the Solicitors Regulation Authority and registered in England ( Number: OC305854 ). A list of members is available for inspection at the registered office at Charter Court, Newcomen Way, Colchester Business Park, Colchester, Essex CO4 9YA

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      We are welcoming clients back to our offices

      Differing tiers and three lockdowns later, Fisher Jones Greenwood Solicitors are now pleased to be able to welcome clients safely back to our offices.

      Remote working and the digitalisation of the way we work, have been key to keeping FJG and the rest of the country going.

      • We are now able to offer, pre-booked face-to-face appointments. Although, we are still able to offer remote appointments if preferred.
      • You can continue to visit our offices at any time to post any correspondence and documents through letterboxes.

      If you are visiting an FJG office, covid-19 safety rules of social distancing, hand sanitization, and the wearing of masks will still apply.

      • Please be aware you will also need to have your temperature taken on arrival.
      • There will also be protective screens in place to protect you and our staff.

      Please do not hesitate to contact your legal adviser by email or by telephone should you have any worries or concerns. Alternatively, please call our main switchboard number (01206 835300), and a message to return your call will be relayed to the relevant person.

      Best wishes
      Paula Cameron
      Managing Partner