eprivateclient

£1.7bn given to charities through wills per year with 300 HNWs donating more than £1m each

News Team, 28/02/2022

£1.7 billion was donated to charity by 10,100 people through their wills in the most recent year (2019/2020), London-based private client law firm Boodle Hatfield, has uncovered.

Almost half (£800 million) of the total figure came from 300 high-net worth (HNW) individuals who gifted £1 million or more, leaving charities an average of just under £2.7 million per donor.

The remaining 9,800 individuals who gifted money to charities through their wills donated Â...


Continue reading this article...


Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@eprivateclient.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM

Subscribers

eprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.

Read more