Greetings all & thanks for all & every comment!
My brother died, 83, intestate, Dec 2020 (not covid). I and sole remaining other sibling expect (going through solicitors) to inherit & be executors.
We know he wanted to leave money to various Charities & will respect those wishes. But there's the question of what best benefits charity from a (for example) £10k donation to Battersea Dogs.
We've been led to understand gift aid is not possible from an estate. So rather than direct £10k from estate, could direct the £10k to me or other sibling, then donate with gift aid: (Legal & OK??) - so another £2.5k to the dogs.
But also understand from
https://www.gov.uk/donating-to-charity/gift-aid
- that ### Paying enough tax to qualify for Gift Aid
Your donations will qualify as long as they’re not more than 4 times what you have paid in tax in that tax year (6 April to 5 April).
The tax could have been paid on income or capital gains.
You must tell the charities you support if you stop paying enough tax. ####
I pay about £10k tax, so OK for my own charity donations and those "from late brother via me" up to £40k donations??
Wish to ensure we're doing this all above board & legit.
Best wishes to all & thanks in advance.
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