If you do not create a Will, the State will decide how best to divide up your assets.
By creating a Will, you can leave your possessions to the people and causes that you care about most.
A Will is a legal document and so for peace of mind we always recommend that you ask a solicitor to draw it up for you.
The cost will vary depending on the complexity of your Will, but if your requirements are simple, it need not be expensive.
You can also make use of the National Free Wills Network, see further details in the downloadable legacy pack.How to leave a gift in your Will legacy pack
Make a list of your assets and decide how you would like to divide them up amongst family, friends and charities.
Take a note of any outstanding debts you may have too.
You can easily add a gift to Children with Cancer UK to an existing Will, by using a Codicil. A Codicil is a document that amends, rather than replaces, an existing Will. Download the legacy pack to print off a ready-made Codicil form. How to leave a gift in your Will legacy pack
We strongly recommend that you consult a solicitor, or the National Free Wills Network, before making a Codicil as this should avoid any legal disputes later.
All gifts, large and small, could make a real difference to a child in the future who is suffering from cancer.
With nine children and young people being diagnosed every day in the UK, whatever you can give will be hugely appreciated.
You may know that inheritance tax applies to any part of your estate that is worth more than £325,000.
Any amount above this value will be taxed at 40%.
If you leave a charitable gift in your Will, it will be taken into account before any inheritance tax is calculated.