Writing your Will is an important way of looking after the future of your family and friends. After you have taken care of loved ones, you may wish to leave a gift in your Will to your favourite charity.
It is a little known fact that most charities would not survive without gifts in Wills. By remembering your favourite charity in this way, you are ensuring that their good work lives on.
If you choose to leave a gift to a good cause you should make a note of the official charity name, address and registered charity number to give to your professional adviser when writing a Will.
If you want to leave a gift to a charity but have already made a Will, it is not a problem. There are a couple of ways you can change it:
A New Will
The first and probably simplest way is to write a new Will. Once written, it makes any Wills made by that person in the past void. In fact, most Wills start by reciting that you are writing a Will and that you are revoking previous Wills.
A codicil is a document used to change a Will that has already been made.
It is used as a way to make simple additions or amendments to an existing Will like a change in the amount of a gift of money, or the addition of an executor or gift. This is all quite straightforward but problems can occur if you ever want to cancel the Will in the future.
When you cancel a Will which contains a codicil, the codicil does not get cancelled automatically, so when you write a new Will it can create inconsistencies and legal problems. To avoid this, make sure that any new Will clearly states that you are revoking all Wills and codicils previously made.
Types of Legacy and Wording
There are a few different kinds of gift you can leave in your Will. The most common are:
A gift of the remainder of the estate after all other bequests have been made and debts cleared.
A gift of a fixed sum of money in your Will.
The value of pecuniary legacies will decrease over time, as the cost of living increases.
A particular named item left as a gift in your Will.
A gift in your Will that depends upon the occurrence of an event which may or may not happen.
Leave a Legacy to German Shepherd Rescue Elite
If you wish to leave a legacy to GSRE, these are the details you will need to give to your professional adviser who is preparing your Will:
Official charity name:
German Shepherd Rescue Elite Limited
Registered charity address:
Gravelle Hatch House, Malacca Farm, West Clandon, Guildford, Surrey, GU4 7UQ
Registered charity number: