Leaving us a gift in your Will
Your vital donations help us continue to support sick children and their families. Any amount, no matter how small, makes a difference. Gifts left to us in Wills are a very valuable resource for us.
Thinking of leaving a gift in your Will?
We understand that your loved ones are likely to come first but just a little of what's left over could help us create better care for children and allow those affected by their illness to live with hope. By leaving a proportion of your estate to us your loved ones can be provided for as well as the cause you care about.
Types of gift
These are the 3 main types of gift you could leave in your Will.
Residuary Legacy: This is a share – or possibly even all - of the balance of your estate once all other payments have been made eg lifetime debts, tax, administrative expenses and any pecuniary and specific legacies. It will not lose its value over time and if you leave a proportion to us you can still ensure other beneficiaries are taken care of.
Pecuniary Legacy: You may prefer to leave us a fixed amount of money. It is worth noting that the effects of inflation could mean that the true value of this gift could become less than you intended unless you review your Will regularly or you link it with inflation. If you are considering leaving a specific sum, please do consider making provision for inflation.
Specific Legacy: This is a gift by way of a particular item such as a house or piece of land or other possessions such as shares.
How to leave a gift in your Will
We all know that it's important to make a Will to ensure your assets go to those you wish and to avoid heartache for those you leave behind. Making a Will can be daunting and easy to put off but it's actually a straightforward process and isn't as expensive as you think, especially if your requirements are fairly simple.
A homemade Wills can be problematic or even invalid if the correct formalities aren't carried out or if things are unclear. We always recommend you contact a solicitor through the Law Society http://solicitors.lawsociety.org.uk/ or a member of the Institute of Professional Will Writers http://www.ipw.org.uk.