Falconer Children’s Home
and Orphanage, Kabulamema, Zambia
There are a four main ways in which you can give to the Falconer Trust in your will, depending on your circumstances. They are a) leaving a share of your assets; b) leaving a fixed sum of money; c) leaving property or an item of value; d) leaving a gift upon the occurrence of a certain event.
Leaving a Share of your Assets (A Residuary Bequest)
A good way to help is to leave a percentage of what is left of your estate or assets, after other gifts (and debts) have been paid. If you have already made a will, but want to add a residuary gift to the Falconer Trust, your solicitor can advise you on how you can do this without affecting the specific gifts you leave your family and friends. Also, inflation will not erode the value of residuary gifts over the years.
Leaving a Fixed Sum of Money (A Pecuniary Bequest)
You may wish to leave us a fixed sum of money. Alternatively, if you are concerned that inflation may erode your gift over the years, then it is also possible to leave an index linked pecuniary gift in your will.
Leaving Property or an Item of Value (A Specific Bequest)
You may wish to leave us a particular item (known as a specific bequest), which can be sold to support our work. It could be property or an item of value such as an antique or a piece of jewellery.
A gift in your Will that depends upon the occurrence of an event which may or may not happen is known legally as a contingent bequest. An example is a bequest to a charity which applies only if other beneficiaries named in the Will die before the testator (person who made the Will).
Amending a Will
If you have already made your will, you can amend it by a document called a Codicil. A codicil can be used to make minor alterations to your will, though if you wish to make major amendments, you would need to write a new will.
You can download a First Codicil here.
You can download a factsheet about Codicils here.
You are advised to seek the help of a solicitor or other professional adviser, who will help you with the wording of your gift, but here are some examples of wording you might consider.
Have you considered leaving a legacy to the Falconer Trust in your will? The following information will help you to do this.
Ways to Leave a Gift in your Will