Legacy gifting rose sharply amid Covid-19 lockdown, says wills provider

Charitable donations in wills have increased by 81% during Covid-19 lockdown, according to latest figures from Co-op legal services.

The legal services provider says that over the last year charitable donations in wills have increased by 56%, with the sharpest rise during lockdown.

Between 23 March and 30 June Co-op Legal Services recorded an 81% rise in legacy gifting, compared with the same period last year.

Gifts to cancer charities continue to the be most common legacies. These have also increased markedly, by 77% during lockdown.

Another area of increase is to local causes, which are now the second most common type of charitable gifts the provider is seeing being left.

Co-op Legal Services head of wills James Antoniou said: "It's moving to see that at such a difficult time for so many, people are still including gifts to charities within their wills. Interestingly, in addition to monetary gifts, we've seen some unique personal effects such as a collection of guitars and a classic red mini being left to charity through wills.

“This increase in generosity will make a huge difference to charitable causes and just shows why it's so important for people wanting to make this difference that they do put a will in place".

The figures have been released to coincide with Remember a Charity Week this month. This took place last and saw charities and solicitors link up to promote legacy gifting.

Online promotion this year features 1970s children’s TV characters The Wombles.

    Share Story:

Recent Stories

How is the food and agricultural crisis affecting charity investment portfolios?
Charity Times editor, Lauren Weymouth, is joined by Jeneiv Shah, portfolio manager at Sarasin & Partners to discuss how the current pressures placed on agriculture and the wider food system is affecting charity investment portfolios.