Please consider leaving the band a gift in your Will
The Cornwall Youth Brass Band is proud to have given the first public performance of Simon Dobson's poignant work "Penlee", written in memory of the crew of the Solomon Browne lifeboat who lost their lives in December 1981. The work has made a huge impact in the brass band movement. It was written especially for the band, and this was made possible by a legacy from the Estate of Michael Pickett Deceased.
It's a simple matter
Leaving a legacy to the Cornwall Youth Brass Band in your Will is straightforward although we do strongly recommend that you take professional advice about the drafting of your Will. Because the Band is a charity, no Inheritance Tax will be payable on the legacy.
There are many different types of legacy but the two most popular ones are:
Residuary legacy: This is usually a percentage of what is left over after all cash gifts have been made and debts, expenses and any inheritance tax have been paid. This type of legacy rises in value with inflation.
Pecuniary legacy: This is a gift of a specific amount of money.
The importance of having a Will
A Will is essential to ensure your wishes are honoured. Telling those close to you is not enough. If you are married or living with someone and die without a Will, your partner will not automatically inherit everything. Only with a properly drawn Will can you be certain that your intentions will apply. It is not expensive to have a Will prepared and thus to have this piece of mind.
Circumstances may change
If your circumstances or wishes change, you may need to revise your Will to ensure its provisions are still relevant.
Keep your Will safe
A lost Will is just that, lost. You can leave the original with your Solictor or bank for safekeeping. Alternatively, you can deposit it with the High Court at:
The Record Keepers Department
Principal Registry of the Family Division
First Avenue House
42-49 High Holborn
London WC1V 6NP