Leaving a Gift in Your Will

Remember Treloar’s in your will and leave a lasting legacy!

If you are considering leaving a legacy gift to Treloar’s in your Will, thank you! Legacy gifts in Wills really do make a huge difference to the lives of our students, in whose achievements your memory will live on.

A legacy gift however big or small is very important to us: it’s a special way in which you can ensure that Treloar’s can continue to give the very many young, inspirational people, who come here, their chance to achieve their aspirations. What a wonderful way to be remembered!

We understand that leaving a legacy gift in your Will is an important decision. It’s a chance for you to help and provide for your loved ones, and to keep making a difference after you’re gone.

We hope that the following section will answer any further questions that you may have and help make the process a bit easier.

Q&A

What type of legacy gift can I leave?

There are four main types of legacy gifts commonly left to a charity in a Will:

  • Pecuniary Gift – this is a sum of money left to a charity in a Will
  • Residuary Gift – this is a gift of the remainder of an estate after all other beneficiaries have been provided for
  • Specific Request – this is a gift of a named item, for example, a painting
  • Contingent Benefit – this is a gift that is dependent on other factors, such as the donor outliving all other beneficiaries.

How do I leave a legacy gift?

In order to leave a legacy gift you must have a Will. A Will is a legally binding document that will ensure that your wishes are fulfilled. If you do not have a Will, your solicitor can help you write one. If you do have one, you can add a codicil (a short statement) to your existing Will that mentions the type of gift and the name of the charities that you would like to benefit from it.

What are the benefits to you (the donor) and your estate?

As well as helping us, legacies also have financial benefits for your friends and family. If you leave a legacy gift to a charity in your Will, it’s value will be deducted from your estate before inheritance tax is worked out. In some cases leaving a legacy may help bring the total value of your estate below the taxable threshold. For further information on inheritance tax please visit www.gov.uk/inheritance-tax.

How do I leave a legacy gift to Treloar’s?

  • State in your Will that you would like to leave a legacy gift to us. We recommend using a solicitor or professional Will-writer to make sure your Will is legal and valid.
  • Include our full name (Treloar Trust) and charity number (1092857)
  • If you have already written us into your Will please get in touch and let us know, we would love the opportunity to thank you.

Can I speak to a solicitor recommended by Treloar’s?

George Ide LLP is a highly respected firm of solicitors who will provide a Will making service. George Ide LLP Solicitors are completely independent of Treloar’s. For further information please telephone George Ide LLP on 01243 786 668, email info@georgeide.co.uk or visit their website.

Alternatively you can contact the Law Society’s“find a solicitor service”. Run by the Law Society, Find a Solicitor is a free service for anyone looking for information about organisations or people providing legal services in England and Wales that are regulated by the Solicitors Regulation Authority (SRA).

If you have any further questions or would like to know more about leaving a gift in your Will, please contact Charlotte on 01420 547 469 or email charlotte.thomas@treloar.org.uk.