Solidarity Will

Do you want your commitment to solidarity to last?

By including a donation to Entreculturas in your will, you can continue to support education, the most powerful tool to fight inequality.

By making a solidarity will, your life’s legacy will be transformed into education and you will continue to leave an indelible mark on the lives of thousands of people.

Transforms the legacy of
your life in education

It is always advisable to make a will to make your wishes clear and to make things easier for your relatives on the day you are gone.

Turn your will into a solidarity will, leaving a donation, a specific asset, or the totality of the inheritance to an NGO.

It is not necessary to have a large estate to make a joint and several will. Your donation, no matter how small, is very important to our work.

Your support will arrive in full because nonprofit organizations are exempt from inheritance and gift tax.

3.000€

We are offering scholarships to boys and girls, so they can go to school for a year in Venezuela.

10.000€

We are building a classroom in Peru, which will give 210 children the opportunity to access quality education.

20.000€

We offer vocational training to 150 young refugees, enabling them to acquire job skills.

80.000€

We have made it possible for 1,500 children aged 4 and 5 to access early childhood education in Chad by equipping 26 schools.

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We know this is an important decision
that requires time and reflection.

Think about what you would like to do with your assets when you are gone and find out about the different possibilities that exist.

We are at your disposal if you need information or if you have any questions.

Go to a notary who will help you draft your will so that it reflects your will and respects the rights of your forced heirs. This is a very simple and inexpensive procedure. In addition, if your personal situation changes, you can modify your will as many times as you wish.

You will need to provide this information:

Entreculturas Foundation

Maldonado St., 1. 28006 Madrid

VAT NUMBER: G82409020

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Let us know so that we can make sure that everything is clear so that we can fulfill your wishes.

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Do you have any doubts?

What is a will?

It is the written declaration of a person’s will by which he/she disposes of the destination of his/her assets and obligations, or part of them, after his/her death.
The will serves to order your wishes and to have the certainty that they will be fulfilled when you are no longer with us.
Making a will is a simple and inexpensive procedure.

Why is it advisable to make a will?

Making a will allows you to decide how you want your estate to be administered.
It is the guarantee that any wish you have, such as donating something specific to someone, will be fulfilled.
In addition, the will avoids problems for your relatives. If you fail to do so, your estate will be divided as provided by law.

What happens if you do not make a will?

If the deceased has not established who his or her heirs are, the law will appoint them, following an order of kinship. If there are no forced heirs and no will has been drawn up, the law designates the State as heir.

What is an inheritance and how is it divided?

Inheritance is the set of assets, rights and obligations that, upon the death of a person, are transmitted to his or her successors.
The distribution of the inheritance is free on the part of the testator.
However, the law requires that a certain proportion of the assets be left to the so-called forced heirs: descendants, ascendants, widow(er).
The inheritance is divided into three equal parts:

One-third of the estate: this is the part of the estate that the testator cannot dispose of freely, since it is reserved to the forced heirs.
Third of improvement: it must also be distributed among the forced heirs, but not necessarily in equal parts. It can benefit one over others.
Free disposition third: it can be left to whomever you wish, whether a relative or not. On this part, the testator can decide with absolute freedom.

What is a legacy?

It is the assignment of one or more specific assets (money, real estate, jewelry or any other property) to one or more persons or institutions.

How can you include entreculturas in your will?

You can leave in favor of Entreculturas the following:

Cash: a percentage of the total value of the equity or a specific amount.
Financial securities: shares, investment funds, etc.
Other real or personal property.

If you do not have direct heirs, you can name Entreculturas as universal heir, or if you want to leave your assets to more than one person or institution, you can name Entreculturas as co-heir, indicating the percentage of the total inheritance that you want to leave to each party.

Does making a joint and several will harm my heirs?

The law protects the direct heirs through the legitimate. That is, by law, two thirds of the inheritance must go to the forced heirs. The testator is only free to decide the destiny of his estate on the part of the third of free disposition.

Can I modify my will?

You can modify your will at any time and as many times as you want. You only need to inform your notary to make this modification.

Does entreculturas have to pay inheritance tax?

As Entreculturas is a non-profit organization, it is exempt from inheritance and gift tax.