...making the love of Jesus a reality in the community 7 days a week
On this page you will find information about our finances at Wylde Green URC, including forms you may wish to use for making your financial promises and gifts.
It may be appropriate for you to consider leaving the church a legacy or giving a donation 'in memory' of a loved one. If you would like to consider this, then please read our section on legacies and 'in memory' gifts.
Any queries regarding the church finances should be directed to our Treasurer, John Turney.
Standing Order Form - for regular giving
Gift Aid Form - if you are a UK taxpayer, completing this form enables the church to make the most of your gift
Leaving a gift to Wylde Green United Reformed Church in your Will is one of the most significant and meaningful ways to show your support for our church's life and witness.
It's a wonderful way to ensure that we can continue our work, and can also be a valuable way of reducing inheritance-tax liability on your estate, because legacies to a registered charity are tax-free. If you are unsure how to go about this, please read our section on FAQs about Wills.
It may also be that you would like to consider leaving something to the international development work of the United Reformed Church, Commitment for Life, and, for those of us who have supported the Commitment for Life programme over the years, may feel that 1% of our estate is an appropriate gift.
'In memory' donations
'In memory' donations are a valuable and positive way to celebrate the life of a loved one.
Long after flowers have faded, donations made in the memory of a loved one live on. This meaningful gift allows the church to make a real difference in our community, and will help us to work towards our mission of making the love of Jesus a reality in the community 7 days a week.
If you would like to remember a loved one in this way, you can make the arrangements through our Church Secretary.
Express your wishes
If you would prefer donations to be made to the church in your memory, rather than receiving floral tributes, it is a good idea to let your executors know of your wishes or to include it in the details about your funeral.
Whatever their size, these gifts really do make a big difference.
Frequently asked questions about making or updating a Will.
By making a Will, you can ensure that your possessions are passed on to the people and charities that you have chosen. If you do not have a Will, the state will decide how your property should be distributed.
We suggest that you choose a solicitor to write your Will. If you don't know any solicitors, the website www.solicitorsonline.co.uk will be able to provide you with a list of local firms.
You should be clear about the amount and type of gift you would like to leave to your beneficiaries. Before consulting a solicitor, consider the value of your possessions and decide what you would like to leave, and to whom.
A residuary legacy is the gift of the remainder of your estate (or a percentage of the remainder) after all other gifts to friends and family have been distributed and all outgoings have been dealt with. A residuary legacy is especially valuable to the church because the growing value of your assets protects it against inflation.
A pecuniary legacy is a fixed sum of money that tends to decrease in value over time because of inflation. For example, a legacy of £1,000 written into a Will in 1980 would now be worth less than £380. However, it is possible to index-link a pecuniary legacy, to ensure that the legacy maintains its intended value.
Once a Will has been made, it is important to keep it up to date and account for any changes in your circumstances. For example, you may now have had a child or grandchild, you may have moved home, or your financial situation may have changed. It is also advisable to reconsider the contents of your Will regularly to make sure that it still reflects your wishes.
A codicil is an addition to a Will that states any changes you wish to make, and is easily made by a solicitor. Adding a codicil to your existing Will may be a simple way for you to leave a legacy to the church. However, if you are making significant changes, it is advisable to make a new Will. The new Will should start with a clause stating that it revokes all previous Wills and codicils.
The following sample wording can be used if you would like to leave a legacy to Wylde Green United Reformed Church.
The suggested wording to leave a pecuniary legacy is:
'I give free of tax to Wylde Green United Reformed Church of Britwell Road, Sutton Coldfield, West Midlands, B73 5SW, the sum of £_________ for the purposes of Wylde Green United Reformed Church, and I declare that the receipt of their Treasurer or other proper officer shall be a full and sufficient discharge.'
The suggested wording to leave a residuary legacy is:
'Subject to the payment of my debts, funeral and testamentary expenses, I give the whole/ (insert percentage value) of my estate not otherwise disposed of by this my Will to Wylde Green United Reformed Church of Britwell Road, Sutton Coldfield, West Midlands, B73 5SW, for the general purposes of Wylde Green United Reformed Church, and I declare that the receipt of their Treasurer or other proper officer shall be a full and sufficient discharge.'
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