• NL
 
  • Events
  • Press
  • Articles
    • ViewPoints
    • Features
  • Resources
    • Documents
    • Links
    • Archive
  • About Us
    • People
    • Clients
    • Experience
  • Login
  • Contact
    • Contact Us
    • Press Contact
  • UK
    • NL
  • Benchmarking
    • Benchmarking

      How are we performing?

    • Legacy Monitor UK
    • Legacy Marketing Benchmark
    • Legacy Monitor NL
  • Research
    • Research

      What’s on the horizon?

    • In-Memory Insight
    • Legacy Inspire
    • The Invisible Legator
    • Baby Boomer Legacies
    • Understanding Legacy Stewardship
    • Faith-based Legacy and In-memory Giving
  • Forecasting
    • Forecasting

      What’s in the pipeline?

    • Medium-Term Forecasting
    • Strategic Forecasting
  • Bespoke
    • Bespoke

      What’s our strategy?

    • In-Memory Consultancy
    • In-Memory Healthcheck

Forecasting

Projecting legacy income and donor numbers to aid financial planning and risk management

  • Overview
  • Products
  • News

In today’s volatile legacy market, the need for objective, informed forecasts is greater than ever.

Critically important for strategic development and budget setting, our legacy forecasts are now an integral feature of many charities’ annual planning and review process.

Don't miss an update!

Subscribe to receive our latest news.

Income projections are key to articulating and supporting your investment decisions

Medium-Term Forecasting

Projecting your legacy gifts and income to aid financial planning and risk management

Strategic Forecasting

Drawing on our strategic planning skills and sector knowledge to provide a long-term perspective on your legacy potential

Numbers of charitable bequests expected to spike significantly in 2021

In our new Legacy Market Outlook 2020-2025 briefing report, we share our latest view of prospects for the UK legacy market.

Charitable bequests are expected to spike significantly in 2021

In this pandemic year the total number of UK deaths could reach the highest level for more than 100 years. The administrative delays we’ve seen at probate since 2019 are ongoing, which in turn is impacting bequests notified to charities. Members of our Legacy Monitor benchmarking consortium received around 20% fewer bequests than expected between January and September 2020.

The spike in the number of deaths, combined with the probate delays, mean that charitable bequest numbers are likely to peak at record levels in 2021, between 37% and 50% higher than in 2020.

Jon Franklin, economist at Legacy Foresight, says, “The single biggest source of uncertainty for legacy incomes at the moment is not so much the impact of the pandemic but the impact of administrative delays at probate. If the backlog at probate is cleared, then we could see the demands on legacy administration teams peak at record levels next year, and charities need to plan for how they can respond to that at relatively short notice.

He continues: “Further ahead, the outlook remains positive, with growth in both income and bequests expected over the coming five years.”

We also assess the impact the pandemic is having on average residual bequest values, cash legacy income and the outlook for the coming five years in the Legacy Market Outlook 2020-2025 briefing report.

To download the report in full, click here.

Don't miss an update!

Subscribe to receive our latest news.

Other Forecasting News

Numbers of charitable bequests expected to spike significantly in 2021

03.12.2020

Australian gifts in Wills: rising up the agenda

21.10.2020

Outlook continues to improve for 2020

20.08.2020

Improved outlook for legacy income in 2020

17.06.2020

Legacy incomes expected to fall further, but recover by 2022

28.04.2020

Legacy incomes could fall by up to 9% this year

31.03.2020

The potential impact of COVID-19 on the legacy market

17.03.2020

New legacy market forecasts out now

21.02.2020

Proud to work with:

ABF The Soldier’s Charity

Abbeyfield

Action for Children

ActionAid

Age UK

Alzheimer's Research UK

Alzheimer’s Society

Barnardo's

Battersea Dogs & Cats Home

Birmingham Hospice

Blind Veterans UK

Bloodwise

Blue Cross

Brain Tumour Research

Breast Cancer Now

British Heart Foundation

British Lung Foundation

British Red Cross

CAFOD

CLIC Sargent

Canal & River Trust

Cancer Research UK

Cats Protection

Children with Cancer

Children's Society

Christian Aid

Cystic Fibrosis Trust

Diabetes UK

Dogs Trust

GOSH

Greenpeace

Guide Dogs

Help Musicians UK

Help for Heroes

Hft

Hospices

Hospiscare

IFAW

Imperial War Museum

Independent Age

Institute of Cancer Research

Leonard Cheshire

Livability

MHA

Macmillan Cancer Support

Marie Curie

Martlets Hospice

Medecins Sans Frontieres

Mencap

Mind

Multiple Sclerosis Society

NSPCC

National Deaf Children's Society

National Trust

Orbis

Oxfam

PDSA

Parkinson's UK

Princess Alice Hospice

Prostate Cancer UK

RAF Association

RAF Benevolent Fund

RNIB

RNLI

RSPB

RSPCA

Raystede

Rowans Hospice

Royal British Legion

SPANA

Salvation Army

Save the Children

Scope

Sense

Sheffield Hospice

Shelter

St Barnabas Hospice

St Catherine’s Hospice

St Christopher’s Hospice

St Elizabeth Hospice

St Francis Hospice

St John Ambulance

St Michael’s Hospice

St Raphael’s Hospice

St Wilfrid's Hospice

Sue Ryder Care

Tearfund

The Brooke

The Christie Cancer Charity

The Donkey Sanctuary

The Royal Marsden

The Stroke Association

UNICEF

Versus Arthritis

WWF

Wakefield Hospice

WaterAid

Wood Green

Woodland Trust

World Cancer Research Fund

© 2021 Copyright Legacy Foresight Ltd
  • Terms of Use
  • Privacy

Subscribe to our newsletter

 
This site uses cookies to monitor site performance and to help us provide a better browsing experience to our visitors.OkPrivacy policy