Leave a gift in your Will
We give gifts to honor important milestones in life. Birthdays, graduations, weddings - even moving house. It’s part of celebrating what we value in life.
Leaving a gift in your Will is another way to demonstrate who and what is most important to you. This might mean leaving a gift for a charity. It’s often called ‘making a charitable bequest’ and can be the most profound gift you ever give.
There are three major types of bequests:
- A specific bequest is a gift of a particular asset such as a house, furniture or jewellery.
- A general bequest is usually a sum of money or a percentage of the value of your estate.
- A residual bequest includes anything remaining in your estate (or a percentage thereof) after the specific and general bequests have been made.