Blackheath Halls can accept legacies and bequests of any of the following types:
- Specific – A specific bequest is the gift of something valuable like a property, a piece of jewellery, a valuable instrument or stocks and shares.
- Pecuniary – A pecuniary legacy is the gift of a specific sum of money. You may want to request that it be linked to inflation in order for it to retain its value over the years.
- Reversionary – A reversionary legacy is one which supports your loved one/s first before benefiting Blackheath Halls. When the original beneficiary dies, the gift in your will reverts to Blackheath Halls.
- Residuary – A residuary legacy is the value remaining once all specific gifts, debts, fees, funeral expenses and other charges have been met. You can leave the whole or part of the residue to our charity. The value of a residuary legacy is not affected by inflation
Alternatively, if you have already made a will, or have updated it recently, you can add a legacy or request by drafting a codicil.
There many types of legacy so we would always suggest seeking professional legal advice when drafting or updating your will. Grant Saw Solicitors LLP is a leading firm based in South East London that provide a range of legal services, including the drafting of bespoke wills and codicils. For a free initial consultation please contact them on the details below.