Legacies
Create a lasting impact.
It’s never too early to shape your legacy. Safeguard the needs of your family and friends by crafting your Will. Leave a meaningful legacy that supports causes dear to your heart. Benefit from our free professional Will writing or updating service, or consider adding Codicils on your own terms.
Explore the options below, and if you prefer a printed booklet, or wish to discuss confidentially with our Finance Manager, Iain, please call 01453 731227 or email fundraising@horsfallhouse.co.uk.
Types of Legacies
There are a number of ways you can leave a Legacy Gift to Horsfall House.
Residuary Legacy
A gift is made of what is left of your estate after all other gifts and costs are accounted for. To do this, you may leave either the total of the residue or a percentage of it. The value of such a gift increases over time with inflation.
Pecuniary Legacy
A gift of a fixed amount. A simple way of giving, but inflation and the change in your estate’s value can mean that, after some years, this figure might not reflect the value you intended at the time you wrote your Will.
Conditional Legacy
If none of your named dependents survive you, your estate will be left to other named beneficiaries.
Reversionary Legacy
You may choose to leave a gift to a loved one for them to use only during his or her lifetime. After this time, the gift reverts to other named beneficiaries or charities.
Specific or Non-money Legacy
You can leave specific possessions, such as jewellery, property or stocks and shares to a named recipient. We are grateful for such gifts, but these types can sometimes present problems of administration.
What Your Legacy Gift Could Achieve
It’s your Will. You may wish to give into a particular area of our work. We would be more than happy to partner with you to ensure your legacy achieves your intended purpose.
Here are some examples of how you can make a difference:
A Legacy Gift of £5,000 would enable us to purchase new specialist seating for our residents, and as a result improve their quality of life, wellbeing and overall mental health.
A Legacy Gift of £25,000 would cover the costs of a new digital nurse call bell system, bringing in fresh technology that helps us prevent falls and incidents and monitor our residents activities and in turn improve upon the support we are able to provide.
A Legacy Gift of £50,000 could provide for us a new all-electric adapted minibus and allow us to expand our services to reach, and support greater numbers of elderly and frail folk in the local area and beyond.
Updating an Existing Will
If you already have a Will, you can amend it by adding a codicil. This provides the necessary information to ensure that your wishes are enacted in full.
We strongly recommend that you seek professional advice once you have completed the Pecuniary Form to ensure there is no conflict with your existing Will.
You can download a Pecuniary Codicil Form by clicking below.
If you wish to make substantial changes, crossing sections out or writing new instructions can create problems, so please ensure that you seek professional advice.
Free Wills
If you don’t yet have a Will, it’s a good idea to write one at the next opportunity. It simply makes things clear to ensure that your estate is divided according to your wishes.
Horsfall House have partnered with FreeWills, one of the UK’s biggest Will providers, to offer you a free Will writing service. Benefits include:
- Your Will can be completed online or dictated over the phone
- Easily updated online
- Simply printed off and signed and also kept safe online
- Post them a copy of your existing Will and they will transcribe and update for free
- Entirely free unless you ask for their professional executors or other services
- Checked by Solicitors
- FreeWills is a leading member of the Society of Will Writers
Further Help
gov.uk/make-will/overview– the government website with full official advice