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Leave a legacy...What types of gifts in wills are there?There are three different types of gifts in wills (legacies): residuary, pecuniary, and specific. A residuary legacy is when a person leaves a percentage of their estate after all the other legacies have been made and debts cleared. One of the advantages of a residuary legacy is that it has the benefit of being inflation-proof and means you’re less likely to need to update your will in the future. A pecuniary legacy is a gift of a specified sum of money. A specific legacy is a gift of a particular item such as books, paintings, antiques, or jewellery. All bequests should be left to Swinfen Charitable Trust and must use our registered charity number 1077879 and the correct registered address: Swinfen Charitable Trust, Dene House, Wingham, Nr Canterbury, Kent CT3 1NU. Your solicitor will advise on the specific wording you need to use for different types of gifts. It would be helpful also, to let us know also when you have decided to leave a legacy. |





