Argentine NGOs promote solidarity wills for social aid

A network of 14 civil society organizations in Argentina is promoting the use of solidarity wills to support long-term social assistance projects. This initiative aims to demystify testamentary donations and provide a transparent channel for individuals wishing to transform their assets into sustained aid for vulnerable populations.

Under Argentine law, the ability to donate assets through a will depends on the presence of forced heirs. Individuals with children can freely dispose of one-third (33.3%) of their assets. For those with parents or a spouse but no children, the amount of freely disposable assets increases to 50%. Individuals without forced heirs, such as children, parents, or spouses, may designate up to 100% of their estate to charitable organizations.

Representatives from UNICEF and Cáritas Argentina noted that while testamentary culture is still developing in the country, the 2015 update to the Civil and Commercial Code has provided a clearer legal framework for these contributions. The process allows for the donation of various assets, including properties, savings, and jewelry, to help ensure the continuity of humanitarian projects.