Different Types of Legacies

There are three main types of legacy to consider. Find out about all three here, and read suggested wording for leaving a legacy to us.

Residuary legacy: Part, or all, of your estate (after debts, funeral costs and pecuniary gifts are paid)
Pecuniary legacy: A specific sum, which can be index-linked to safeguard its future value
Specific legacy: A particular item to be used or sold by the beneficiary

If you are worried about providing for your family but don't want to turn your back on your favourite causes, ask your advisor about a reversionary legacy, which allows you to leave assets to a named individual for their lifetime while deciding who should benefit after they have passed away.

If you would like to remember us in your will, here is some suggested wording for your solicitor:

Residuary gifts
"I give all/fraction/% share of the residue of my estate to Deafness Support Network, (RCN 506791) of 144 London Road, Northwich, Cheshire CW9 5HH, to be used for its general charitable purposes, and I direct that the receipt of the treasurer or duly authorised officer shall be a sufficient discharge to my executors."

Pecuniary or Specific gifts
"I give to Deafness Support Network (RCN 506791) of (your full address and post code) the sum of £amount/specific gift of my item to be used for its general charitable purposes and I direct that the receipt of the treasurer or duly authorised officer shall be a sufficient discharge to my executors."

Further information can be found by clicking here to our presence on the Big Give Website.

 


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