Find out in this post what a solidarity will is and how you can make one.
What is a solidarity will?
A charitable legacy consists of including one or more NGOs in your will to donate part of your estate or a specific asset to them. In this way, you will be supporting the work of these organizations with which you share values and a strong social commitment.
With charitable wills you will not harm your legitimate heirs, if there are any. In addition, NGOs are not subject to inheritance tax, so your donation will go entirely to the cause you choose.
It is an instrument, modifiable and revocable over time, with which you can choose how to continue your ideals. In this way, your solidarity can endure over time, helping to improve the lives of other people.
How to make a solidarity will?
Making a solidarity will is a process that is not very different from making a normal will. It is important that it is a well-considered decision that has been matured over time so that you are 100% sure.
Once you have this clear, the steps you will have to follow to prepare your solidarity will are the following:
