Welcome to the Visually Impaired Sailing Association
Listen to Cowes Radio Live
All the days sailing as it happens throughout Cowes week 2013
Leaving your boat under the VI-SA-GB legacy scheme
VI-SA-GB Leaving your boat as a legacy
After successfully launching the VI-SA-GB Gifting your boat scheme at the 2012 Tullett Prebon London International Boat show we have seen a tremendous amount of interest from boat owners who are concerned with being able to get the most use from their boats.
Most of us have wandered around a marina or boat yard and thought to ourselves just how many times a year do these boats leave their moorings? The facts are that potentially, many of the boats we see may leave the sanctuary of their mooring less than half a dozen times per year.
Conflicting pressures on owners can often mean that boats are sadly neglected for months on end.
At the same time maintenance costs and marina costs can escalate and boat owners often find their once cherrished possession is now a huge financial drain.
Why should I leave my boat to VI-SA-GB In my will?
This is a question often asked when we or others suggest leaving their boat in their will to VI-SA-GB
By leaving your boat to VI-SA-GB, you will retain the ability to enjoy your boat as you get older, secure in the peace of mind that when you die it will not become a tax liability to your family.Even where your boat is moored outside the UK, it will immediately cease to be a liability or incur further costs against your estate.
Using the VI-SA-GB Leave your boat scheme boat owners are able to successfully Manage Inheritance Tax
Assets which are left to charities in Wills are exempt from Inheritance Tax. This means, boat owners can use the current market value of their boat to reduce the amount of Inheritance Tax their family will owe after they die.
Where the value of an estate is over the Inheritance tax threshold, a boat owner can remove the value of their boat from their estate when they die.
Inheritance tax benefits include:
Working in partnership with Berthon - Synonymous with yachting since 1877 and through our partnerships with Yachting Lawyers.com (opens in a new window) we'd be glad to help with your Inheritance Tax and Capital Gains planning.
This is an area that is often overlooked by many brokers and boat owners alike.
What would VI-SA-GB do with the legacy of my boat?
VI-SA-GB will use any suitable boats to further our aims of empowering visually impaired people to progress as sailing enthusiasts with independence and equality.
An important consideration is always the costs of maintaining boats, VI-SA-GB sometimes; reluctantly, has to sell gifts of assets. We then use the proceeds from the sale of the boat to purchase, adapt, and maintain a suitable yacht for the exclusive use of blind and partially sighted members.
VI-SA-GB is a not for profit organisation run and led by Visually impaired sailing enthusiasts for the benefit of visually impaired people.
What types of boat would help VI-SA-GB?
VI-SA-GB is currently seeking (donated) sailing yachts, especially offshore -cruising yachts, newer or older vintage, Cutter, Bermuda rig, or Ketch, able to accommodate a crew of 8 or more for extended periods of time at sea.
If you have any type of boat at all, and are unsure of its suitability for use by VI-SA-GB or whether it could be considered for approval for either the VI-SA-GB Leave your boat, or VI-SA-GB Donate your boat schemes please contact us or Berthon - Synonymous with yachting since 1877
Complete the form and someone from VI-SA-GB will contact you by return
please complete the form below: - an asterix(*) denotes a required field.
The Visually Impaired Sailing Association of Great Britain receives no statutory funding and is entirely dependent on donations, gifts, and contributions from companies, trusts and private individuals. SAIL BLIND - Our 2014/2016 campaign to raise £1,500000
If you are planning to hold any kind of fundraising activity to raise money and/or awareness for The Visually Impaired Sailing Association of Great Britain please tell us about it and we’ll post it on our events calendar. e-mail ... the basic details plus the relevant contact information and we’ll post it on our site within 48 hours.
All information provided and presented by the association is protected by copyright © and other intellectual property laws. You may not reproduce, copy or transmit, in any form or by any means, electronic, mechanical, recording or otherwise, without the prior written permission of the association.