Anthem is a registered charity and relies on your support. We have a long term ambition to deliver a national music endowment for Wales, driven by the desire to reignite and sustain a vibrant and more resilient culture for all genres of music for every young person in Wales. You can help us to deliver an environment where our Welsh music culture and heritage is able to thrive. The endowment will enable Anthem to fund this and future generations of young people and the organisations that work with them, through our grant making program and projects.
Considering leaving a gift in your will, after you have looked after your family and friends, is one of the most important and valuable actions you can take. Your gift can be part of a permanent legacy, supporting the next generation of musicians, music industry professionals and even the next superstar.
It can be as simple as a percentage of your estate or a specific sum to support our work through the Endowment, together the impact we can make will be significant.
A gift in a will, also known as a legacy, is an amount of money, percentage of an estate, or a specific item left in someone’s will. A gift in a will is a special way for people to ensure the things they care about are here for future generations to experience and enjoy.
Everyone should consider making a will, here are five good reasons to make a will
A will can also be used for tax planning and gifts to charities are exempt from inheritance tax so a gift in your will may reduce your tax liability. We always recommend that you should take your own professional legal and financial advice.
A share of your estate. A small percentage after you have looked after the people you care about can make a huge difference to your favourite charities. This is known as a ‘residuary gift’.
A fixed sum of money. This is when you leave an exact sum to us. It’s known as a ‘pecuniary gift’.
Your solicitor will need our registered address and charity details:
Anthem. Music Fund Wales Bute Place, Cardiff, CF10 5AL Registered charity number 1182024
We always recommend using a solicitor or legal professional if you are thinking about writing or amending your will. For more information about writing your will, including details of solicitors in your local area, you can visit:
The Law Society
020 7242 1222
Will – Legally binding document that sets out who should inherit your estate in the event of your death.
Beneficiary – person or charity that benefits under the terms of the will
Bequest/Legacy – a gift in a will
Pecuniary bequest or gift – a gift of a fixed sum of money. The disadvantage of such a gift is that because of inflation the value of the gift may reduce over time.
Residuary bequest or gift – a gift of all or a percentage or share of your estate after allowing for expenses, pecuniary and specific gifts. The advantage of such a gift is that it maintains its real value regardless of inflation.
Specific bequest or gift – a gift of a named article or item
Codicil – A document making a simple change to your will. It must be drawn up legally and witnessed.
Testator – A person who has made a will
Witness – Two witnesses must see you sign your will and you must watch both of them sign it, and they must also watch each other sign it.
Executor – Person(s) appointed in a will to administer the estate
Intestate – A person who dies without having a will
Probate – Official process to prove the validity of the will and allowing the Executors to administer the estate
Inheritance Tax – Tax payable on the value of assets on death above an Inland Revenue set threshold. Gifts to charity are tax free and are taken off the net value of the estate before the inheritance tax liability is calculated.