Leaving a Legacy
Making a will is extremely personal. We know that when you first start to think about what to put in your will, you’ll be asking yourself questions you’ve not had to think about before. It’s important to consider what really matters the most to you, and that can include the causes that are close to your heart.
Leaving a lasting legacy is an amazing gift and if you leave a gift to Hope for Tomorrow you will continue to make a difference to people’s lives for many years to come.
How to leave a gift in your will
Making a will can seem daunting and many of our amazing supporters often ask us for assistance when considering leaving a gift in their will. To help you understand more about the process you’ll find information on what to do next on the following pages.
If you have any questions or concerns, you can call always get in touch with us by calling our friendly team on 01666 505055 or emailing us on firstname.lastname@example.org
Making or updating your will
Getting started can be hard. There’s a lot to think about when writing your first will or updating an existing one – it has to be right for you. You might want to consider consulting a legal advisor or local solicitor too.
Here are some steps to follow:
- Work out the value of your assets and your liabilities (these are things like credit card bills or bank loans). A professional can help you with what to include in your will so you can be assured that your friends and family are taken care of.
- Decide who you want to be an executor for your will, you can choose up to four people made up of friends, family members or even a legal advisor. It’s a good idea to talk to them about your wishes.
- You can create your own legally binding Will, with nothing to pay until you’re happy to print and sign. In addition to ticking off something you have been meaning to do for a long time, you will also be helping to support Hope for Tomorrow as when you write your Will with Kwil, they will donate half their fee back to us to help support our vital work. To get started with your online will, visit our partner page on Kwil’s website
- Alternatively you can find a local, qualified solicitor to help you write a Will on Remember A Charity’s website.
- It’s a good idea to ask for a copy of your will and keep it in a safe place at home. Don’t forget to tell your executors where the will is kept.
The different types of gifts
We want you to make the right decisions when writing your will. Asking a legal professional to go over the types of gifts you can leave will help you make the right choice.
Here are the three main types of gifts:
A residuary gift: This is a popular choice as it gives assurance that your loved ones are taken care of. It reflects inflation changes and does not lose value over time. A residuary gift is where you can allocate a percentage of the balance of your estate once all expenses and other gifts have been made.
A pecuniary gift: This is a fixed amount of money.
A specific gift: This is to give a specific item such as a personal possession, a piece of land or shares.
We would be so grateful if you could write the lasting gift of time into your will. If you do remember us in your will, you’ll need to insert a simple message like this to make sure your gift reaches us:
A gift of a specified amount:
I give the sum of [state specific amount] to Hope for Tomorrow of Kingscote, Priory Park, London Road, Tetbury, Gloucestershire GL8 8HZ, registered charity number 1094677, absolutely for its general charitable purposes. I declare that the receipt of the treasurer or other proper officer for the time being shall be a sufficient discharge to my executors.