Legacy of Solidarity
Why not leave a Legacy of Solidarity to the most vulnerable people?
A Legacy of Solidarity is the written and signed expression of the wish to improve the world through initiatives that provide solutions. Write your wishes into your will. Leave a Legacy of Solidarity so that beyond your life, and respecting the rights of your inheritors, your commitment is honoured. It is never too soon nor too late to express what you wish to change.
Covers medical treatment for 20 female victims of sexual violence in the Congo
Guarantees food for 10 families in India for a year
Can build a school in Peru for 110 children
Making a will is a simple and affordable process (around €60). To make a will you need to visit a notary with your DNI (national identity document) and fully set out how you want your estate to be shared out when you are no longer here. After making your will, you receive a copy and the original is retained by the notary.
Under no circumstances is leaving a legacy of solidarity detrimental to legitimate inheritors, since they are protected as inheritors under civil law. An inheritance is divided up as follows:
- The tercio de legítima: the third of the estate which is divided equally between children.
- The tercio de mejora: the third of the estate over which the person making the will has more say in how it should be allocated. It must also be divided between descendants but not necessarily in equal parts.
- The tercio de libre disposición: the person making the will can leave this third to whomever they choose, whether family or not, including a legal entity. This part can be allocated with absolute freedom, and can be used for leaving a Legacy of Solidarity to one or various NGOs, if desired.
Yes. At ALBOAN we always respect the donor's intentions and the specific use that they wish for any donation. However, we recommend that donations be made for a general purpose and that donors trust the organisation with regard to the future use of the donation. Needs change over time, and such flexibility in donations allows us to direct the funds received towards the most urgent projects.
- Tangible assets (an item of furniture, a car, a work of art, jewellery, etc.).
- Generic assets (a donation, the right to claim a debt, a percentage of inheritance, shares, etc).
Yes. A will can be changed as many times as you like throughout your life.
- The inheritors.
- The notaries.
Both are obliged by the law to notify and hand over legacies.
Legacies left to ALBOAN are exempt from tax for two reasons:
- It is part of the Church.
- It is a ‘public interest entity’.