Will clause: gift of 10% of estate to one or more charities | Practical Law

Will clause: gift of 10% of estate to one or more charities | Practical Law

A clause for a will, making a gift of 10% of the testator's estate to one or more charities. The gift is designed to qualify for the lower rate of inheritance tax (36%) on the chargeable estate. This standard clause can be adapted for any will or codicil.

Will clause: gift of 10% of estate to one or more charities

Practical Law UK Standard Clause 6-506-7285 (Approx. 16 pages)

Will clause: gift of 10% of estate to one or more charities

by Practical Law Private Client
Maintained • , England, Wales
A clause for a will, making a gift of 10% of the testator's estate to one or more charities. The gift is designed to qualify for the lower rate of inheritance tax (36%) on the chargeable estate. This standard clause can be adapted for any will or codicil.