Gift in your Will
Arundel Museum is a charity that relies on funding from a wide range of sources, and welcomes support from generous individuals. No matter what size, you can remember Arundel Museum by leaving a gift in your will.
Remembering Arundel Museum
When writing your will we recommend using a professional, such as a solicitor, to help advise you on what type of legacy will best meet your wishes. This is the best way to make sure that your wishes are followed and your will is legally binding. You will also need to choose an executor – someone you trust to carry out your wishes after you have gone.
You can decide what kind or size of gift you’d like to leave. If you already have a will, you update it or include a codicil which adds a legacy to your existing will. A codicil is a document used to change a Will that has already been made. It is used 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.
Three Main Types of Legacy
This refers to a cash gift, a fixed sum, such as £400 or £4,000. This is for when you would like to leave an exact sum of money to charity. It can be linked to inflation to prevent it losing value over time. It does not take into account inflation or the final value of your estate.
This is a share, or sometimes all, of your estate. After you’ve made provision for your loved ones you can leave a share of what remains to charity. A Residuary Gift is usually expressed as a percentage of the value of your estate after all your other wishes have been met and expenses paid.
This refers to a particular item, such as property, antiques, jewellery and shares. This means leaving something of value like an antique or piece of jewellery.
For Any Help or Advice
Wording for a residuary legacy
“I give a ...% share of my residuary estate to Arundel Museum, Mill Road, Arundel, West Sussex, BN18 9PA (Registered Charity No. 273790) for its general purposes. I direct that the receipt of the Treasurer or other proper officer shall be a full and sufficient discharge for the said gift”
Wording for a pecuniary legacy
“I give the sum of £... (amount in figures and words) toArundel Museum, Mill Road, Arundel, West Sussex, BN18 9PA (Registered Charity No. 273790) for its general purposes. I direct that the receipt of the Treasurer or other proper officer shall be a full and sufficient discharge for the said gift”