There are three main types of gift you can leave:

  • Specific legacy – is the gift of a specified item or items such as property, jewellery or other personal belongings.
  • Pecuniary legacy – a gift of a specified sum of money
  • Residuary legacy – a gift of a percentage of what’s left in your estate after all the other gifts and debts have been paid. This is often a preferred way of leaving money to a charity because it’s easy to add to an existing will without interfering with any specific sums of money you may have already left your loved ones.