Types of gifts in Wills
If you're planning to leave a legacy to Parkinson's UK,
there are different types of gift you can choose
between.
Residuary gift
A residuary gift comes from the remaining part of your estate
after all debts, taxes, costs and other payments have been
made.
It's not a specific sum of money, but a percentage of your
estate. Many people choose to leave residuary gifts to charities -
because they won't be eaten away by inflation.
Pecuniary gift
A pecuniary gift is a gift of a fixed amount of money.
Inflation means that the gift's value will decrease over the
years, so if you want to protect its value you should index-link
your gift. Your solicitor will be able to help you do this.
Specific gift
A specific gift is an item that you name as a gift. For example,
it could be a piece of jewellery, property, or shares.
Gift of life interest
A gift which someone can benefit from in their lifetime. For
example, a house could be left for the use of a relative. When they
die it could pass to someone else, or to a charity.
Contact us
If you would like to talk in confidence about how to include a
gift in your Will to Parkinson's UK or would like further
information call Chris Brodrick on 020 7963 9344 or email legacies@parkinsons.org.uk
We understand that your Will is a private matter and will keep
anything discussed confidential and without obligation.
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