Here are a few ways in which you can make a legacy donation for India’s children in your will:
Once you have taken care of your loved ones, you can leave a particular share of, or the remainder of your wealth/estate, to CRY. Termed as a residuary legacy, this wealth will always stay in proportion, because it is a percentage.
With a monetary gift, you can leave behind a certain amount of money in the name of CRY in your will. This allows you to have full control of how much you would like to donate to the cause of children.
You can choose to donate a special item to CRY (such as jewellery, a valuable artefact, painting, shares, or even a house, land or property) while preparing a will.
You can add CRY as a beneficiary of your life insurance policies or unused retirement assets. These can include individual retirement accounts, fixed deposits, term deposits, savings bank accounts, life insurance policies etc.
The amount in this specific CRY fund (with your name) will be invested in secured investments, and interest gained from the investment will be utilized by CRY for its interventions.
You can donate to CRY in the memory of your loved one. An in-memory gift is a great way to honour your loved ones and pay a tribute to them while creating lasting change.
We recommend consulting with your trusted lawyer/legal expert while planning for legacy giving through your will. If you would like to know more about the Legacy Giving program or have any specific questions for us, just fill in the form below and we’ll reach out to you for a one on one conversation.
Both are extremely crucial to help give our children a life that they deserve. While we at CRY appreciate all contributions – a legacy gift can be path breaking and can be instrumental in securing India’s future long after your lifetime.
Anyone can! While legacy giving makes it possible to leave much larger gifts than otherwise possible, it’s important to remember that you don’t have to be wealthy to leave a legacy gift. You can leave as much or as little as you want – there is no gift too small to make an impact.
It advisable to take legal help and register the will to ensure that your wishes will be met. You can also use a will writing service available on online portals that can help you write and register your will.
We understand that circumstances can change and you can update your will at any time. You do not need to rewrite the will, but just write an additional document – ‘Codicil’. You can download the ‘Codicil’ template here.
*These links are being provided as a convenience and for informational purposes only; they do not constitute an endorsement or an approval by Child Rights and You (CRY) of any of the products, services or opinions of the corporation or organization or individual. The Child Rights and You (CRY) bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. Contact the external site for answers to questions regarding its content.
It is advisable to ensure your wishes are met but not mandatory, however, it is mandatory to have 2 witnesses while writing your will.
No! You don’t have to re-write your will but just have to make an additional document called ‘Codicil’ to include CRY in your final will. You can download the ‘Codicil’ template here.
“I have been lucky to have known many people who have been kind to me and my family over the years. I also believe that my family members are well provided for, and thereby it is important to me to ensure that the needs of the children who aren’t as privileged are met. I believe that my assets aren’t just for the benefit of my loved ones, but also for those who would benefit immensely from it. While there are many people who are kind enough to make a change in this world – it helps to know that my assets are going to an organization as large and trustworthy as CRY. They are known to work efficiently and systematically to achieve the best for our children. This has helped simplify my decision and made my dream of helping the underprivileged by as simple as signing a cheque.”
Aparna Tulpule
CRY Supporter, Mumbai