Types of Legacies
Pecuniary Bequest
A gift of a fixed sum of money in your Will is called a pecuniary bequest. The value of pecuniary legacies will decrease over time, as the cost of living increases.Specific Bequest
A particular named item is left as a gift in your Will, for example, a piece of jewelry or stable equipment.A Residuary Bequest
A gift of the remainder of the estate after all other bequests have been made and debts are cleared.A Reversionary Bequest
A gift in your Will that depends upon the occurrence of an event which may or may not happen. For example, a bequest to a charity, such as The Conquest Centre for disabled riding which applies only if all other beneficiaries named in the Will die before the testator (the person named in the Will).
A Codicil
An amendment to an existing will, rather than creating a new one, which allows for the provision of a simple bequest of a specific amount.For future guidance on leaving a legacy gift to a charity there is additional information at Remember a charity Organisation.
If you would like to speak to anyone about choosing the Conquest Centre as your nominated charity to bequeath to please contact us at:
Finance Trustee,
Conquest Centre for Disabled Riding
Conquest Farm, Norton Fitzwarren,
Taunton,
Somerset,
TA2 6PN
Telephone : 01823 433614
legacies@conquestcentre.org.uk
Please click here for a Legacy Form.