Testament donations: Austria's legacies explode for good purposes!

Testament donations: Austria's legacies explode for good purposes!

Baumgarten, Wien, Österreich - In Austria there is a remarkable trend in will donations that give an insight into the change in society. According to a report of 5 minutes, the will donations have doubled in the past ten years. This not only illustrates the growing influence of non -profit legacies, but also the desire of many people to make a positive social contribution.

In 2024, around 115 million euros flowed from legacies to non -profit organizations, which made over 10% of the total donation volume of more than one billion euros. This increase is closely linked to the demographic change, which leads to an increase in childless people and one -person households. Surprisingly, a survey shows that almost every fourth person over 40 in Austria is willing to take into account a non -profit purpose in the will.

growing willingness for will donations

The study, which was carried out on behalf of the "Vergissmeinnicht" initiative, showed that around 2,000 wills contain non -profit grants annually. A third is particularly considered among childless people to use their assets for non -profit purposes. Another sign of the growing interest in will donations is that 18% of the population can even imagine putting their entire heir to this service.

Markus Aichelburg, head of the "Forgmittel" initiative, emphasizes that the demographic change and the associated frequency of people without descendants lead to an increase in the will donations. Over the past few years there was a strong increase in donations for areas such as animal welfare, health and social services.

The role of "forget -me -not" and information needs

The "Forgetting" initiative plays a central role by clarifying about will donations and inheritance law. She has been informing for more than 13 years in collaboration with the notarial chamber, whereby there is a need for questions and information. Studies show that 50% of the over 40-year-olds feel poorly informed about the topic and only wrote a will.

To close this information gap, the initiative offers free information events, a digital will calculator and inheritance guide. Especially against the background that around 22 million euros went to the state between 2017 and 2019 due to a lack of will, the education about inheritance law is crucial.

outlook and forecasts

forecasts indicate that the annual assets can increase to almost 41 billion euros by 2050, which further underlines the importance of will donations. Over 90% of the will donations come from single and childless people, with the inherited amounts usually between 50,000 and 100,000 euros. The motives are very different: 56% want to do good, 38% have a personal relationship with the organizations, and 36% want to avoid that their assets fall to the state.

Overall, the increase in will donations is a positive sign of the non -profit landscape in Austria. Interest in this form of inheritance could continue to grow in the future and thus offer sustainable support for many important social projects.

For more information on this topic, you can report the reports from 5min , OTS 2 Consult