How to leave a lasting legacy
Leaving a gift in your Will can be a way of continuing your impact in the world after you have gone. Every gift will help to transform the life of a child. Your legacy will pay dividends for many generations.
It’s easy to leave a gift in your Will
Firstly, think about the family, friends and charities that are dear to you. By leaving a small percentage or part of your estate, shares or specific items – you can make a lasting difference to the lives of children in need of an operation.
It’s tax effective
Gifts in Wills to UK charities are exempt from Inheritance Tax, reducing the tax threshold of your estate. By remembering CURE in your Will, your estate can go even further.
1. Decide what type of gift you’d like to leave
Some people leave a specific amount or item, but many people choose a share of their estate, as this type of gift won’t lose its value over time. There are different kinds of gift you can leave in your Will:
Residuary gift: A gift of the remainder of the estate after all other bequests have been made and debts cleared is called a residuary bequest
Pecuniary gift: A gift of a fixed sum of money in your Will is called a pecuniary bequest. The value of pecuniary legacies will decrease over time, as the cost of living increases
Specific gift: A particular named item left as a gift in your Will is known as a specific bequest – for example, a piece of jewellery
Contingent gift: A gift in your Will that depends upon the occurrence of an event which may or may not happen is known legally as a contingent bequest. An example is a bequest to a charity which applies only if other beneficiaries named in the Will die before the person who made the Will.
2. Visit a Solicitor
Making or updating a Will is usually quick and straightforward. CURE would advise anyone to get in touch with a practicing Solicitor to help you do this.
Please also remember to use our full name and the correct registered address:
CURE International UK
The Royal College of Surgeons of England,
35 – 43 Lincoln’s Inn Fields
London WC2A 3PE
UK registered Charity number: 1094705
3. Let us know
Please let us know if you’ve remembered CURE International UK in your Will – we would love to thank you properly.