WHERE THERE’S A WILL THERE’S A WAY…….TO PROTECT YOUR ESTATE

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Category: Gifts and Legacies

Gifts and legacies are the items or sums of money you choose to leave to specific people or organisations in your will. These can range from personal possessions to cash gifts, property, or charitable donations. Clear wording is essential to ensure your intentions are carried out correctly.

Gifts and Legacies

Close-up image of a young couple giving and receiving a gift box to each other

When making a will you are leaving the “residue” of your estate to beneficiaries.  Residue is everything that is remaining after you die, your complete estate including money, property, shares, knives and forks, etc! Before reaching the “residue”, however, in a will you can leave gifts and legacies.  Gifts may be items you own from jewellery to […]