Saving lives in wild and remote places
Search For
Saving lives in wild and remote places
Search For
Mountain Rescue - England and Wales recommends that anyone making or updating a Will seek professional independent advice. Home-made wills can be disastrous as it is not always straight forward, and if all the legal formalities are not correctly followed, your Will could be declared invalid. Therefore It is usually best to choose a solicitor to write your will.
To leave a legacy you include a bequest in your will. Click here for information about creating a will. If you already have a will it can easily be updated to make an additional bequest, click here for information on updating your will. To make things easier we have produced some wording examples which can be used, click here to see them.There are several ways that you can leave a gift in your will, these include:
Residuary bequest
A gift consisting of the residue of an estate after all other conditions of
the will have been met, or part of such residue (meaning that once family and
friends have been provided for) the remainder or a proportion of your estate
is pledged to charity. This type of gift in your Will means that however much
your financial circumstances change, the proportion of your estate each person
receives will stay the same. Usually it shown as a percentage of what is left
of your estate - once all the expenses, debts and specific gifts have been taken out.
Pecuniary bequest
A gift of a fixed some of money in your Will. The value of pecuniary legacies
will decrease over time, as the cost of living increases.
Specific gifts/bequest
A particular named item left as a gift in your Will for example gifts of jewellery,
furnishings and other possessions, including land and buildings.
Contingent bequest
A gift in your Will that depends upon the occurrence of an event which may or
may not happen. An example is a bequest to a charity which applies only if
other beneficiaries names in the Will die before the testator (person who made
the Will)
