Fundraising: Coalition urges action on '£1bn lost legacy assets'

Third Sector, 14 June 2006

Charities are missing out on an estimated £1bn of assets that are bequeathed to them in wills, according to a new coalition group.

The problem arises when someone leaves a percentage of their estate to charity but executors are unable to trace and share out some of the assets. The Unclaimed Assets Charity Coalition says such assets can include forgotten bank accounts, land deeds, wage packets, company shares and the contents of safety deposit boxes. The group,...

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