The park is a very special place and we are grateful to all who seek to mark its importance to their, and their loved ones, lives.
Crystal Palace Park Trust is a registered charity.
We need to raise the money needed to care for this large and historic landscape, as well as the unique venues and landmarks within it.
Every penny we raise in the park, stays in the park.
Leaving a gift in your Will
One of the most powerful ways that you can support the park and help protect its nature, heritage and ensure the enjoyment of generations to come, is by leaving a gift in your Will.
Whether you’ve decided to leave a gift in your Will or would like more information, please contact supporter@crystalpalaceparktrust.org and our team will be happy to talk to through any questions.
If you are considering leaving a gift in your Will to Crystal Palace Park, thank you.
How to leave a gift in your Will
Leaving a gift in your Will can be a simple process.
You can decide between three ways of giving:
- A pecuniary gift is a fixed amount of money.
- A specific gift is a gift of a specific item, like personal possessions, land or shares.
- A residuary gift is a percentage or share of the balance of your estate once all other payments and gifts have been made.
Many people prefer to give a residuary gift because it keeps in line with inflation and does not lose value over time.
We recommend you consult a solicitor to make sure that all the legal formalities are covered and that your will is valid. The cost of the solicitor will vary depending on how complex your will is.
The Law Society is the independent professional body for solicitors, and you can search their official directory at lawsociety.org.uk.
A gift to charity could save on inheritance tax
In the UK, leaving a gift in your Will to charity is tax-free and could reduce your Inheritance Tax liability.
Under current law, if you leave 10% of your net estate to charity, it will reduce the overall rate of Inheritance Tax. This could represent a significant saving, benefiting both your loved ones and the charities you support.
You can Contact HMRC or a solicitor for more information.
If you are considering leaving a gift in your Will to Crystal Palace Park, thank you.
