You can leave a Gift in your Will in a variety of ways. Discuss these options with your family and your solicitor to work out what works best for you.
A Residual Gift
With this type of bequest, a person or organisation receives the balance of the estate after those specifically named in the Will have been provided for.
A Percentage Gift
This can be any percentage of your total estate up to 100 percent. This type of bequest enables you to share your estate among several people or organisations without specifying the property or amounts.
A Pecuniary Gift
This is a gift of a fixed sum of money made to a person or organisation.
A Specific Gift
This type of bequest enables you to leave a specific cash amount or other asset to a person or organisation.