IT’S EASY TO INCLUDE A GIFT TO SIGBI IN YOUR WILL
Whether you have a Will already or you’re planning to write your first Will, it really isn’t hard to do.
It is best to visit a solicitor, to make sure your wishes for your family and any charities can’t be misinterpreted later on. If you want to make a change or addition to an existing Will this can be done by means of a Codicil.
Here are some Will writing tips to make it easy.
Different Types of Gifts:
Pecuniary Gifts are specified sums of money. If you would like a gift of money to keep its value over the years, it is a sensible idea to ask your solicitor to index-link it.
Residuary Gifts are made from whatever is left over once other legacies and gifts have been distributed. The whole of the residue can be given to a charity, or a portion of it.
Legacy Wording:
Here is what your solicitor needs to write to include a residuary gift in your Will to SIGBI.
‘Subject to the payment of my debts, funeral and testamentary expenses, I give the whole/ (….%) of my estate not otherwise disposed of my this my Will to Soroptimist International Great Britain and Ireland (SIGBI) Limited of Beckwith House, 1 Wellington Road North, Stockport, Cheshire, SK4 1AF for the general purposes of SIGBI and I declare that the receipt of its treasurer or other proper officer shall be a full and sufficient discharge’.
The following wording is for a pecuniary gift to SIGBI:
‘I give free of tax to Soroptimist International of Great Britain and Ireland (SIGBI) Limited of Beckwith House, 1 Wellington Road North, Stockport, Cheshire, SK4 1AF the sum of £…… for the general purposes of SIGBI and I declare that the receipt of its treasurer or other proper officer shall be a full and sufficient discharge’.
Note: Wordings used for Wills drawn up in Scotland and the Republic of Ireland could differ from those drawn up in England and Wales.
SIGBI Charities: Diamond Education Grant, Benevolent Fund, Emergency Relief Fund
You may wish to leave a legacy to one of SIGBI’s three registered charities listed above, rather than SIGBI in general. In that case, the wording in your Will would have to specifically state the name and the registered charity number of the particular charity you wish the legacy to go to.
Judith Lewis
June 2017
