Donate inheritance: Every sixth person thinks about it
social
The people of Salzburg are among the best in Austria when it comes to the creation of wills. This is shown by a current study commissioned by the “Forget-me-not” initiative. She advocates for inheritance to non-profit organizations. One in six Salzburg residents could also imagine inheriting a charitable organization.
Children’s charity, mountain rescue or four paws – these are just three of the almost 90 non-profit organizations that belong to the “Forget-me-not” initiative. Every year around 2,000 people nationwide bequeath part of their wealth to organizations that support charitable purposes.
Consideration: Donation do something good
More and more people want to be able to decide for themselves what happens to their belongings after death, stressed “Forget-me-not” manager Markus Aichelburg. And they want to spare relatives or friends lengthy inheritance disputes. Much of the research for the study stated that the reason they donate to a nonprofit organization is because it makes a difference.
Will donations supporting role for organizations
Last year, Austrians inherited around 85 million euros for a good cause. Donations in wills are now a mainstay for the important tasks of aid organizations. Every tenth euro donated in this country comes from a will – funds that would have an impact on all charitable areas.
Moderate fortunes between 50,000 and 100,000 euros tend to be inherited. Peter Trattner, Managing Director of the Salzburg Child Protection Center, also explains that individual legacies can be copied over the long term: “Every year, the Salzburg Child Protection Center looks after almost 500 underage victims of abuse and violence. Psychological counseling and psychotherapy are used to try to come to terms with the terrible experiences. Without donations and wills, we would not be able to help all children and their families quickly and competently.”