How to leave a legacy

Thank you for considering a legacy gift to TfT. Your gift could help to provide many people with support and teaching, giving hope to Christians struggling with homosexuality, lesbianism and similar issues. 

Making a will 

Before visiting your Solicitor consider the assets you have. These may include any property you own, its contents, specific items i.e. jewellery or antiques, bank accounts and also stocks and shares. Make a list of who you like to receive gifts. By making your will and ensuring it is up to date you can put your affairs in order and help your family and friends when you are gone as well as helping your chosen charity or charities. 

It is strongly advised that you use a Solicitor to draw up your will. A will is a legal document and can be quite complex. It is essential that the will is legally correct, if not it could be deemed invalid. Your solicitor will guide you through the process and can ensure that your requests are carried out. 

Updating your will 

Over time your circumstances or wishes may change meaning that the Will may need to be updated. It is good practise to review the Will occasionally. Major changes may require a new Will, but for minor changes you may be able to just add a Codicil. A codicil is simply added information. Whichever the means of updating it is advised that you use a Solicitor. 

If you already have a will and simply wish to add a gift to TfT then you may be able to do this by codicil. Your solicitor will advise you of the best course of action. 

Types of legacy 

There are different types of legacy that may be considered. The most common are: 

• Residuary — This is a stated percentage of your estate after all debts, bills and bequests have been made. 
• Pecuniary — This is a specified amount of money. 
• Specific — This is a specific item to be given as a gift—for example a piece of jewellery. 

You may wish to discuss which types of legacy would suit your wishes best with your solicitor as there may be inheritance tax implications. 

Details 

When leaving a legacy to a charity it is important that the full name, address and registered charity number is stated. These details can be found on the back of this leaflet. 

Notification 

If you intend to leave a donation to True Freedom Trust in your will we would be most grateful if you would let us know. Please either contact us via our Contact Form or call the office on 0151 653 0773.