How to leave a legacy to the Hungarian Vizsla Welfare Charity
Your only guarantee that the proceeds of your estate will go to the people and causes that you
care about is by making a Will. You may want to print this guide for ease of reference.
Leaving a legacy to a charity
Once you have remembered your friends and family, you may like to also include a legacy to
your favourite charity or charities in order to support their work. Such a legacy may also help to
reduce any tax burden on your estate.
The Hungarian Vizsla Welfare Charity greatly appreciates all types of legacies of any size. All
legacies are a very valuable and major source of our funding and any amount can make a
difference.
Anyone can leave a legacy to the Hungarian Vizsla Welfare Charity and every bequest is
important to us, no matter how small or large. There are a few different types of gifts you can
leave in your Will; these are the most common.
Pecuniary legacy
This is a set sum of money which you can leave either to individuals or charities. Pecuniary
legacies can be index linked so that the value of your gift increases with inflation. Otherwise,
the value of the bequest will decrease over time, as the cost of living increases.
Residuary legacy
This is what is left of your estate once all other monies have been paid out. Unless you
specify how you would like the residue to be disposed of, the Government will decide where it
is to be paid out.
Specific legacy
This is a particular item or specific property that you can leave to an individual or charity.
Once you have written your Will
Once your Will has been written, you will need to sign it in the presence of two witnesses who
will then also sign your Will in the same company. Your witnesses must not be beneficiaries
or the spouse of a beneficiary. Your professional advisor will be able to assist further.
Once you have made your Will, keep a copy for yourself and keep the original in a safe place
(e.g. with your Solicitor or Bank). It is advisable to review your Will from time to time and it is
especially important if your circumstances change through marriage or divorce as parts of
your Will may become void.
If you only need to make minor changes, this can be done by making a Codicil, which
willneed to be executed in the same way as your Will, and should be kept alongside your Will.
We advise anyone making or updating a Will to get in touch with a practising solicitor to help
you do this.
Example wording for your solicitor
If you have decided to remember the Hungarian Vizsla Welfare Charity in your Will, you might
like to provide the following suggested wording to your solicitor:
If you’d like to leave a specific sum of money:
I give to the Hungarian Vizsla Welfare Charity, The Oak Tree Bungalow, Five Oak Green
Road, Five Oak Green, Nr Tonbridge, KENT. TN12 6RL
(Registered charity number 1147353), the sum of £……, for their general purposes and the
receipt of the proper officer of the charity shall be sufficient discharge for my Trustees.
If you’d like to leave a residue legacy:
I give (…%) of the residue of my estate both real and personal to the Hungarian Vizsla Welfare
Charity, The Oak Tree Bungalow, Five Oak Green Road, Five Oak Green, Nr Tonbridge,
KENT. TN12 6RL
(Registered charity number 1147353), for their general purposes and the receipt of the proper
officer of the charity shall be sufficient discharge for my Trustees.
If you’d like to leave a property as a legacy:
I give my property known as … or any other property which I may own at the date of my death
to the Hungarian Vizsla Welfare Charity, The Oak Tree Bungalow, Five Oak Green Road, Five
Oak Green, Nr Tonbridge, KENT. TN12 6RL
(Registered charity number 1147353) and I request (without imposing any binding trust or
obligation) that if possible it be used to provide accommodation for Hungarian Vizslas in
need of re- homing.
If you’d like to leave a legacy to a centre:
I give to the Hungarian Vizsla Welfare Charity, The Oak Tree Bungalow, Five Oak Green
Road, Five Oak Green, Nr Tonbridge, KENT. TN12 6RL
(Registered charity number 1147353) the sum of …. and I express the wish that this legacy
be used for the benefit of the … centre and the receipt of the proper officer of the charity shall
be sufficient discharge for my Trustees.
If you’d like to make a provision for your pet:
My Executors should contact the Hungarian Vizsla Welfare Charity, The Oak Tree Bungalow,
Five Oak Green Road, Five Oak Green, Nr Tonbridge, KENT. TN12 6RL
(Registered charity number 1147353) to arrange for the care of any pets that I may own at the
time of my death.
We advise anyone making or updating a Will to get in touch with a practising solicitor to help
you do this.
Glossary of Legal terms
Here is a list of explanations for some of the legal terms you may come across when making
your Will.
Administrators
Those appointed to administer an estate where there is no Will or executor, often solicitors
Beneficiary
A person or organisation included in your Will to receive a gift
Bequeath
To leave something (money/property/jewellery) in your Will
Codicil
A separate document to change any details or provisions in your existing Will
Conditional Legacy
A gift that will only take effect if a certain event occurs
Crown
HM Treasury. This is where the proceeds of your estate will go if you do not have a next of kin
and did not make a Will (intestate)
Estate
Any assets you own at the time of your death
Executor(male)/Executrix(female)
Someone you appoint to carry out the instructions in your Will. Executors are usually family,
friends or professional advisors (Solicitor/Bank Manager/Accountant)
Guardians
Guardians are the people that are appointed to look after any minors up to the age of 18
Inheritance Tax
A tax charged if the value of your estate is above a certain limit
Intestate
Leaving no valid Will
Legacy
A gift of your assets made by making a Will
Pecuniary legacy
A gift of a sum of money
Probate
The procedure to establish the validity of a Will to enable your Executors to administer your
estate
Residuary legacy
A gift of all or a share of the residue of your estate. We advise anyone making or updating a
Will to get in touch with a practising solicitor to help you do this.
Residue
Everything that is left over in your estate after all debts, expenses, taxes and other types of
legacies have been paid
Reversionary legacy
A legacy (e.g. a property or income from investments) is left to a beneficiary for their lifetime
and then upon their death passes onto a subsequent beneficiary
Specific legacy
A specific item such as a piece of jewellery, an antique, shares or a property
Testate
Leaving a valid Will
Testator (male)/Testatrix (female)
The person who is making the Will
Trustee
Someone you appoint to deal with any assets left in a trust
Will
A legal statement of your wishes dealing with the disposal of your property after death
Witnesses
Two people who witness your signature and then sign your Will themselves in your presence
and in each other’s presence
We advise anyone making or updating a Will to get in touch with a practising solicitor to help
you do this.
Legacy FAQs
We understand that you will put a lot of thought into leaving a legacy so here are the answers
to some common questions:
What type of legacy most benefits the Hungarian Vizsla Welfare Charity?
A residuary legacy benefits the Hungarian Vizsla Welfare Charity the most because it is not
lessened by the rate of inflation. A residuary legacy is the residue or remainder of your estate
after other specific bequests have been made.
Can I leave the Hungarian Vizsla Welfare Charity a specific sum of money?
Yes you can. A specific sum (or pecuniary legacy) is the simplest form of legacy. You can also
protect the value of your gift by directly linking it to the cost of living, so that it doesn’t reduce
over time.
Can I leave the Hungarian Vizsla Welfare Charity specific items?
Again these gifts are very welcome. You can leave the Hungarian Vizsla Welfare Charity
items such as property, antiques, jewellery and stocks and shares.
How often should I update my Will?
Solicitors normally advise to review your Will every few years to ensure it reflects any changes
Can I save tax on my estate by leaving a legacy to charity?
Yes. Gifts made to charities are exempt from inheritance tax, which may reduce the tax your
executors would have to pay.
Can Scottish law affect my legacy to the Hungarian Vizsla Welfare Charity?
Yes, Scottish laws relating to Wills do differ in some areas and we would strongly advise you
to speak to your solicitor who will be able to advise you and ensure that your wishes are
carried out.
Will you look after my pet should I die?
Hungarian Vizsla Welfare Charity will be happy to care for Hungarian Vizsla that survive you.
You can be safe in the knowledge that we never put a healthy animal to sleep and will care for
your pets until a suitable new home is found.
Can the Hungarian Vizsla Welfare Charity be my Executor?
The Hungarian Vizsla Welfare Charity would be happy to act as the executor or co-executor of
your Will should you wish. If you would like to discuss this please contact our Administrator.
For further information please telephone or send an email to our Administrator, xxxxxx
Hungarian Vizsla Welfare Charity,
We advise anyone making or updating a Will to get in touch with a solicitor to help you do
this.
Thank you
On behalf of the Hungarian Vizsla Welfare Charity Registered Number 1147353

BACK