Legacy10 campaign

Legacy10 campaign urges public to donate 10% to charity in their will

Business leaders Sir Richard Branson and Charles Dunstone and investment banker Jacob Rothschild have committed to give 10% of their estates to charity via their wills as part of the Legacy10 campaign

From April 2012, anyone who leaves at least 10% of their wealth to charity will havetheir inheritance tax bill reduced from 40% to 36%.

The Legacy10 campaign has been established by Roland Rudd, the founder of the financial communications company Finsbury. He said: "“The goal of Legacy10 is to encourage a change in the way we in the UK regard legacy giving, and make it the norm for people to leave at least 10% of their wealth to good causes."

"Legacy giving isn't just for business billionaires. If we all left just a small amount to our favourite charities in our Will, we could make a big difference."