# Nearly half of Millennials & Gen X currently considering a legacy gift

- Link: https://fundraising.co.uk/2022/05/11/nearly-half-of-millennials-gen-x-currently-considering-a-legacy-gift/
- Published: 2022-05-11T08:30:00+01:00
- Author: Melanie May

**Research from WPNC and conducted by YouGov reveals that 44% of people in these
age groups have already thought about donating through their will.**

The study – _Lifelong Legacy: The Value of Will Donations from Millennials and Gen
X_, also shows that 87% of Millennials and 70% of Gen X haven’t yet written a will,
representing an opportunity, it says, for charities to build relationships with 
younger potential donors in order to secure their support.

Gail Cookson, Legacy and International Marketing Director at [WPNC](https://wpnc.agency/),
said:

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> “Traditionally, legacy marketing at many charities has focused on older donors.
> They are more likely to have written a will and to be closely considering what
> will happen to their assets when they die.
>  
> “Since the pandemic, however, there has been a sharp rise in awareness among younger
> audiences about planning for the future, and will-writing in particular.
>  
> “We see this as a major opportunity for charities to showcase their cause and 
> build relationships with Millennials and Gen X. Not only is this likely to increase
> the chance of a legacy donation, it could also boost donor value across their 
> lifetime.”

The study also reveals that only 9% of Gen X, and just 3% of Millennials, have already
chosen the charity they will leave a legacy to, and suggests that offering a free
will-writing service could to be one way for organisations to build interest. 37%
of Millennials seem keen on such an offer, along with 24% of Gen X. More than a 
third of respondents overall (36%) also say they would have used a free will-writing
service from a charity if they had known of its existence prior to drafting their
will.

Multiple respondents also suggested they’d be happy to make a legacy gift in return
for the offer of will-writing advice.

Gail Cookson added:

> “The survey uncovered enthusiasm among younger donors to receive information about
> both legacy giving and will-writing services through a range of marketing channels.
>  
> “But while legacies appear to be buoyant, around 30% of respondents told us they’ve
> never seen a legacy ad. The most likely reason – particularly among Millennials–
> is that they are not currently targeted by legacy marketing. Charities must therefore
> consider different ways to target this audience.”

The study saw YouGov conduct an online survey in February among 250 UK-based people
aged between 26 and 40 (Millennials), and a further 250 people aged between 41 and
55 (Gen X). The report can be requested by emailing [le****@**nc.agency](https://fundraising.co.uk/2022/05/11/nearly-half-of-millennials-gen-x-currently-considering-a-legacy-gift/le****@**nc.agency)

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