Can legacies really provide enough income to make a difference?
A. Yes they can and they do. In 2007-8, 900 people left a legacy to the National Trust. Between them they donated a wonderful £54 million – that is one sixth of our total income . When you take into account that no legacy income is spent on administration, legacy income provides a significant proportion of the money we need to make new acquisitions and to care for existing ones.
Related Questions
- My wife does not work outside our home and therefore will not have pension income that normally results from employment income. How can we set up a retirement income plan for her?
- With the lease with rental income option, is the income guaranteed?
- Can legacies really provide enough income to make a difference?
