Legacies and in memory giving
Making your will
Making a will and keeping it up to date is very important.
If you don’t, your money and property may not go where you want.
Four simple steps to making a will:
- Choose a solicitor
- Think about what you own
- Decide who the beneficiaries are • Keep your will up to date
Leaving a legacy to charity
Leaving a gift to charity in your will keeps your money working towards the causes that matter to you. It can also reduce the burden of inheritance tax.
Four types of legacy you could consider:
- A specific sum of money – Pecuniary Legacy
- What is left after all your other wishes have been carried out and expenses met – Residuary Legacy
- A particular item of value – Specific Bequest
- A gift to be made only upon the death of the person you first intended to benefit – Conditional Bequest
Please make an appointment with a solicitor, and remember Ocean Youth Trust South!
In memory giving
Friends and family may wish to donate to charity in memory of someone who has died – perhaps to a cause the loved one supported or was helped by, or something which reflects their life, interests and values.
In Memory Giving can include:
- A collection after a funeral or memorial service
- Donations made directly to the charity
- Using an on-line memorial platform such as MuchLoved or MemoryGiving
- A dedicated fundraising page such as JustGiving
Please ask the office if you would like printed copies of this leaflet:
