The wording of your Will
If you decide to remember us in your Will, please be sure to make your intentions very clear and where appropriate please make all relevant parties aware that you are leaving us a gift in your Will.
A pecuniary gift
This is the gift of a specified sum of money. Bear in mind that because of inflation the value of this gift can be affected over time.
A residuary gift
This is where you set aside a portion or all of your remaining estate, known as the residue (what is left over after the payment of debts, funeral expenses, administration costs, and all the specific and other gifts have been paid) to be divided between named beneficiaries.
A specialist advisor
We recommend that you use a specialist legal advisor when making or updating a Will, especially when gifting to a charity is concerned.
A specific gift
This is where you leave a specific named item to a named beneficiary, such as a property, item of jewellery etc.
It may be worth mentioning to your executors that you plan on leaving a gift to the Quinborne so there will be no confusion in the future.
You can find more information on making gifts through Wills on the official Government website:
Inheritance Tax and Gifting