# Legacy income falls under Brexit ‘fog’

- Link: https://fundraising.co.uk/2019/03/06/legacy-income-falls-under-brexit-fog/
- Published: 2019-03-06T08:00:49+00:00
- Author: Melanie May

**Legacy income fell 2.3% among Legacy Foresight’s consortium members last year,
it has revealed.**

 

Its latest Legacy Bulletin shows that its 80 Legacy Monitor members received £1.46
billion in legacy income in 2018, with an almost even split between those that experienced
an increase, and those that saw a decrease, at 41 versus 39.

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Bequest numbers have also dropped over the last three quarters, with numbers now
totalling 54,325 for 2018.

 

[Legacy Foresight](http://www.legacyforesight.co.uk/) puts the decline in growth
down to a number of factors, including the ‘fog of Brexit’ continuing to hamper 
economic activity. It is warning that a no-deal Brexit could see legacy incomes 
drop to £1.2bn lower over the next five years than it would if a deal is reached.

 

Other reasons identified for the decline are a slowdown in the growth of the number
of deaths, which has resulted in a slowdown in bequests numbers, along with a slight
change in the bequest ‘mix’, with residual numbers lagging cash gifts (pecuniaries).

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