Increasing will donations: every tenth euro for a good cause!

Increasing will donations: every tenth euro for a good cause!

Österreich - More and more people in Austria ask themselves what happens to their assets after their death. Childless people in particular are increasingly dealing with this topic. According to Kleinezeitung.at, about a third of this group is considering inheriting part of their wealth.

Markus Aichelburg heads the "Vergissmeinnicht" Initiative, which has been informing about the importance of will donations for 13 years. Every year, associations are used in around 2,000 wills as heirs or legacy. The trend towards will donations shows that every tenth donated euro in Austria now comes from legacy, which means that a total of over 115 million euros in will donations were recorded in 2024, so ots.at.

growing popularity of will donations

Interest in will donations increases continuously, with childless people in particular use the opportunity to dedicate their entire inheritance to non -profit purposes. This indicated 18 percent of the respondents. Testament donors tend to inherit moderate assets between 50,000 and 100,000 euros. Statistics show that over 90 percent of the testament donations come from single and childless people, which underpins.

Among the popular areas for will donations can be found animal protection, health, care as well as social concerns and help for children and adolescents. The demographic change and the increasing inheritable assets contribute significantly to this trend. Between 2017 and 2019, over 22 million euros from around 900 earlier discounts were recorded annually, while the total numbers could increase to almost 41 billion euros by 2050, according to the forecasts.

Important information for future will donors

Despite the growing interest, surveys show that the need for information on the subject is great. Only 31 percent of people over the age of 40 have already created a will. In addition, half of this group describes itself as little or no information about inheritance law. Differences between inheritance, legacy and requirements are clearly regulated in inheritance law.

A legacy enables a defined part of the estate without being used as an inheritance. It is recommended to design will donations as a legacy in order to support non -profit organizations. The will can be changed at any time; Without one, the assets fall to the state.

Overall, the numbers and trends show that will not only play a growing role in Austria, but also reflect the desire of many people, leave positive traces and to actively participate in social changes.