Think of IOSF in Your Will

The International Otter Survival Fund (IOSF)

The International Otter Survival Fund (IOSF) was inspired by observing otters in their true natural environment. Because the otter lives

on land and in the water and is at the peak of the food chain it is an ambassador species to a first class environment. IOSF was set

up to protect and help the 13 species of otter worldwide through a combination of compassion and science. It supports projects to

protect otters, which will also ensure that we have a healthy environment for all species, including our own.

The International Otter Survival Fund

7 Black Park

Broadford

Isle of Skye

IV499DE. Scotland

Email: info@otter.org. Website. www.otter.org

Helping the world’s otters

IOSF’s guide to making and updating your will

Why you need an up to date Will

By having your Will up to date it will ensure that your final wishes are undertaken and your property and possessions will go to the people for whom you care.

If you don’t make a Will your spouse and children won’t automatically inherit everything. The law will decide and this will mean your family and friends will have to wait several years while this is resolved.

If you have children under the age of 18 a Will will make sure they are properly looked after if anything should happen to you. You should appoint a guardian who will become responsible for them should anything happen to you or your partner.

	If you have a pet you should include instructions for their care in your Will.
	If you support the work of IOSF please see below

Helping the world’s otters

How do I make a Will

1. List your assets: Create a list of everything you own. You can use our sample inventory to help you do this.

2. Executors: Nominate people to act on your behalf. Choose close friends or members of your family you can trust to ensure your instructions are carried out properly.

3. List people you care about: Make a list of the people you want to remember in your Will. If you have precious items you want to leave to a particular person write it down. Once you have made sure your family and friends have been provided for list any organisations like IOSF you would like listed in your will.

4. Use a solicitor: To produce a legal document you really have to use a solicitor. If you don’t have a solicitor ask a friend or family member if they could recommend one. You may like to compare the cost from several solicitors - most will charge between Ł100 and Ł200.

5. You will need two witnesses: Once your Will is complete make sure your executors know where it is kept.

Helping the world’s otters

Working out what you have

The list below will help you work out the value of your belongings and property.

Property/possessions	Approximate value Ł
House or Flat
Second home
Other
Car (s)
Business Assets
Jewellery
Equipment
Furniture
Pictures
Other
Other
Financial
Bank Account
Building Society
Post Office Account
Stocks & Shares
Premium bonds
Pensions
Life Assurance
Other
Outstanding money you owe
Mortgage
Loans
Overdraft
Credit card
Other

Summary

Total assets (a) Ł

Total Debts (b) Ł

Final amount (a-b) Ł

Helping the world’s otters

Inheritance Tax

In March 2006 Inheritance Tax is charged at 40% after the first Ł275,000. This means that if you had an estate worth Ł400,000, Ł275,000 will be available tax free but you will have to pay tax of 40% on Ł125,000 or 100,000 to the Inland Revenue.

You can reduce this by leaving money to a charity such as IOSF. If you left Ł20,000 to IOSF and Ł20,000 to another charity, then only Ł85,000 would be liable for Inheritance Tax or Ł34,000 to the Inland Revenue

How you can help IOSF

The International Otter Survival Fund (IOSF) is a unique organisation - we are the only organisation actively helping and protecting the world’s otters.

The conservation of the otter is not a sentimental luxury. Being at the top of the food chain and using both the aquatic and terrestrial environments their presence indicates that both habitats are in pristine condition.

In 1993 Paul and Grace Yoxon started IOSF, and their enthusiasm and drive has made this charity one of the leading roles in wildlife conservation.

IOSF achives:

· Otter rehabilitation - our Scottish sanctuary receives 10-12 otters a year and has rehabilitated over 140 otter successfully back to the wild.

· Campaigns to preserve safe habitat worldwide.

· Brings otter scientists together in international conferences

· Funds otter research internationally

· Educates people worldwide in otter conservation

· Conducts research in the UK and holds a complete database on otter sightings in the UK

Helping the world’s otters

Leaving IOSF a legacy will help our important work to continue. As a registered charity, every legacy we receive is free from tax and is a very positive way to help otter conservation internationally.

An IOSF Legacy

If you would like to leave a legacy to the International Otter Survival Fund you could include this in your Will. “ I bequeath unto the International Otter Survival Fund, Registered Charity number SC003875, of 7, Black Park, Broadford, Isle of Skye, Scotland, IV49 9DE the sum of Ł x or x percent of the residue of my estate, free from tax and I direct that the receipt of an authorised officer of the International Otter Survival Fund would be a good and sufficient discharge of such a legacy”.

The Otter’s Thank You

If you include IOSF in your Will we would like to thank you by sending you a signed copy of the book “Echoes of Camusfearna”, the story behind IOSF written by Paul and Grace Yoxon. Please complete the pledge form below.

PLEDGE FORM

My pledge to the International Otter Survival Fund

I would like to help the work of the International Otter Survival Fund by including a legacy in my Will.

[ ] A special Item of Value

[ ] A percentage of my estate

[ ] A fixed amount

[ ] I would like to receive the signed copy of Echoes of Camusfearna, the story behind IOSF.

Title (Mr/Mrs/Miss/Ms/Dr)……………………………………………………….. .

Name…………………………………………………………………………………

Address………………………………………………………………………………

……………………………………………………………………………………….

………………………………………………………………………………………..

Post Code……………………………………………………………………………..

Telephone……………………………………………………………………………….

IOSF membership number……………………………………………………………..

Please return this form to International Otter Survival Fund, 7 Black Park, Broadford, Isle of Skye, IV49 9DE.

Thank you very much for your support of IOSF

Grace Yoxon

Founder, hands-on rehabilitator of otters and Director of IOSF

	By having your Will up to date it will ensure that your final wishes are undertaken and your property and possessions will go to the people for whom you care.
	If you don’t make a Will your spouse and children won’t automatically inherit everything. The law will decide and this will mean your family and friends will have to wait several years while this is resolved.
	If you have children under the age of 18 a Will will make sure they are properly looked after if anything should happen to you. You should appoint a guardian who will become responsible for them should anything happen to you or your partner.