Make a Bequest

Today, a large portion of voluntary income comes from members of the public who chose to remember Giveall in their Will. Legacy gifts enable Giveall to give thousands of children the education and empowerment they so desperately need.
 
Of course, leaving a legacy gift is not a decision that can be made lightly and without due consideration but if you do choose to leave a gift to Giveall in your Will, not only will you be helping to fund Giveall's vital projects and services, you will also be supporting our vision to end the unfairness which disadvantaged children suffer and enable them to receive an education which they each are entitled to.
 
 
 

Why make a Will?

Whether or not you choose to leave a gift to Giveall, it is important to make a Will to ensure your wishes are followed.
 
 

Jargon Buster

This guide has been written using as little legal language as possible, but you may find an explanation of the most frequently used words and phrases useful:
  • Beneficiary: Someone who receives a gift from the Will of a person who has died.
  • Bequest: A sum of money left to someone through a Will. Also used as another word for legacy.
  • Codicil: A valid legal amendment to a Will.
  • Conditional legacy: The term for any type of Will, which provides a fallback situation in case of the early death of one or all of the beneficiaries. For example, a man may leave everything to his wife, but if his wife dies before him then her gifts could be passed on to someone else.
  • Estate: The amount a person owns at the time of their death, after their debts have been paid.
  • Executor: A person who is named in a will to carry out the instructions that have been set. The executor can be a beneficiary.
  • Intestate: A person's legal situation if they die without making a Will.
  • Legacy: Something left in a Will.
  • Pecuniary legacy: A gift through a Will - made in the form of a specified sum of money.
  • Residuary legacy: A share of the remainder of an estate after all other payments and gifts have been made.
  • Specific legacy: A specific item such as a piece of jewellery or property
  • Witness: The person who evidences the signing of the Will by the Testator/Testatrix. A witness cannot be a beneficiary under a Will.
  • Testator (male)/Testatrix (female): A person who makes a Will.
 

The Importance of Making a Will

If you die without making a legal Will, the courts have laid down procedures as to what happens to your estate. This is called an "intestate estate“ i.e. an estate without a Will.
 
Having a Will also makes life easier for those left behind and will help avoid misunderstandings. If you have children you can safeguard their future by providing for them financially and, where necessary, you can appoint a legal guardian.
 
What's more, with professional help, you might be able to minimise the amount of inheritance tax payable on your estate while also helping Charities like Giveall to ensure their vital work can continue in the future.
 
 

Free guides to making a Will

 
The following free guides are attached for your information:-
 
The Daily Telegraph - Remember a Charity legacy guide
Remember a Charity produce a guide to making a will, entitled Leaving the World a Better Place
Giveall have a Guide to making a Will which you can use to review your affairs with your solicitor and/or attorney.

Further information can be requested by completing the Legacy Enquiry form in the Contact us section.
 
 

Need help finding a local Solicitor or attorney?

Giveall advises anyone who wants to make or amend a Will, to see a solicitor.
 
You can find a solicitor by going to the local Law Society in your region. Click here if you are resident in England & Wales, Scotland and South Africa.
 
 

Legacies Information Request

For further information, or to contact your local Giveall Legacy Manager, simply fill in the enquiry form in our Contact us section and we will get back to you shortly.
 
 

Keeping your Will up to date

It is extremely important to keep your will up-to-date. Otherwise, it may not reflect your wishes at the time of your death. At a time of great sorrow, this could cause your family and friends even more heartache.
 
Whenever your circumstances change, therefore, it is vital to update your Will. If you get married, have a child, become divorced or if your partner dies, you should amend your Will with a simple and inexpensive addition known as a codicil.
 
To ensure that you don't encounter legal problems in the future, we recommend that your solicitor drafts a codicil. You can also add a codicil to include a legacy to Giveall. If you have any questions about codicils, please consult your solicitor and/or attorney.
 
 

Information for Solicitors and/or Attorneys

There are several ways you can leave a gift in your will.
 

Residuary legacy is -

 
The residue is what is left after all debts are paid and specific gifts have been made. A residuary legacy is a percentage of your estate.
 
A residuary legacy rises in value with inflation and is the safest type of gift if you are worried about having to pay for care for yourself or your partner later in life.
 
The suggested wording for a Residuary bequest is:
 
I give all (or .....% share) of the residue of my real and personal Estate (out of which shall be paid my funeral and testamentary expenses and my debts) [and any property over which I have at my death any general power of appointment] (and such Estate and the property which from time to time represents it is referred to in this Will as 'the Trust Fund') to my Trustees upon trust for The Giveall2Charity Charity of Bank House, 81 St Judes Road, Englefield Green, Surrey TW20 0DF. Registered Charity Number 1132982 for its general purposes and absolutely.
 
The receipt of the person who appears to my Trustees to be the Treasurer or other proper officer of Giveallshall be a good discharge to my Trustees.
 

A pecuniary legacy -

This is a set sum of money. It should be noted that rises in inflation reduce the value of pecuniary gifts.
 
You may also choose to leave specific items like jewellery or a painting to people or causes. To avoid confusion, you might want to consider taking a photo of the item and keeping it with your will to help when sorting out your estate.
 

The suggested wording for a Pecuniary bequest is:

I Give to The Giveall2Charity Charity of Bank House, 81 St Judes Road, Englefield Green, Surrey TW20 0DF - Registered Charity Number 1132982 - the sum of __________ pounds (£________) to be applied for its general purposes AND I DIRECT that the receipt of the Treasurer or other proper officer of Giveallshall be good and sufficient discharge.
 
 

Use of codicils in a Will

A suggested wording of a codicil can be downloaded here.

Your solicitor will be able to advise you on the appropriate wording for a Specific bequest. Please note that making changes directly onto your Will can invalidate the whole document. We strongly recommend, therefore, that you consult your solicitor. Please also note that the wording of bequests may differ in Scotland. Your solicitor and/or attorney will be able to advise you on the correct terms.
 
 

How your legacy will help our work

Without the money we receive from legacies, Giveall would reach far fewer disadvantaged children.
 
Your gift, however large or small, will be vital to empowering children in the furtherance of their education.
 
These are just some of the ways in which your generosity could help:
  • £1,000 - could provide the extra support to equip and train a teacher to teach English, Mathematics and Science better.
  • £5,000 - could run a weekend intensive of intensive training for 200 children where they would receive specialised training in English, Mathematics and Science.
  • £10,000 - could provide sufficient books and resources for one school's English, Mathematics and Science departments.
  • £25,000 - could pay for an entire three year's bursary at a university for a deserving student to study for a professional degree.
 

Have you already left a gift to Giveall in your Will?

If you have already included a donation to Giveall in your Will, thank you for your gift. Your donation will help to ensure Giveall can continue making a difference to the lives of some of the most disadvantaged children.
 
If you haven't already informed us of your gift, it would be greatly appreciated if you could complete the simple pledge form to let us know about your donation. Although we won't know when we will receive this gift (and we hope it won't be for a long time!), knowing that our supporters are continuing to help us in this special way will enable us to plan for the future with greater confidence. It will also mean that we can say a further thank you for your wonderful support and provide any additional information or assistance you may require.
 
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