Three specialist consultancies in supporting charities generate income from legacies have formed a new consultancy group.
The aim of the partnership is in anticipation of the “huge promise and potential” of legacies for charities in the coming years.
Called Legacy Futures it involves the consultancies Legacy Foresight, Legacy Link and Legacy Voice.
“We have come together because we believe legacy giving is full of huge promise and potential,” said Legacy Futures chief executive Ashley Rowthorn.
He added: “We want to play our part in supporting charities to realise this potential and believe that working together will allow us to deliver more for the sector we serve.
“Together we will help charities understand their place in the market, implement strategies to grow their giving and provide practical support to maximise the value of their income from gifts in Wills and gifts In Memory.”
Others involved in Legacy Futures include former Cancer Research UK head of legacy professional partnerships Maria King and Muscular Dystrophy UK’s marketing director Stephen Mooney.
Figures released by Legacy Foresight in December last year indicate that legacy giving to charities is expected to reach record levels in 2021. An increase in the death rate and a clearing of a backlog in wills processing amid the Covid-19 pandemic are among factors.
The increase in bequests could be between 37% and 50%.
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