Making a Will ‘essential for charities’

Posted 22/06/2012

Individuals who are making a Will have been urged to leave some of their money to charity, as this is an “essential” part of their income.According to Stuart Fowkes of Oxfam, legacies account for ten per cent of charities’ income from individuals.The organisation is in line for a £100,000 windfall if tennis star Roger Federer wins his seventh Wimbledon title this summer.He is among the favourites for the event but will face competition from the likes of world number one Novak Djokovic, Rafael Nadal and Britain’s own Andy Murray.Oxfam would receive the £100,000 as a result of a bet made at 66/1 by Nick Newlife of Oxford, who wagered the star would win seven titles nine years ago.Federer has six to his name so far and although Mr Newlife has passed away, he left the bet to Oxfam in his Will.The star is the most successful men’s singles player of all time with 16 Grand Slam titles.Posted by Simon Crooks