Legacies are immensely important to the future of OCD-UK. Many people will choose to remember OCD-UK in their will, they see it as a logical extension of their lifetime support and by doing so they are helping to provide a future for a young OCD sufferer.
Together we can bring better treatments and more effective methods of support to all those young people suffering from OCD.
There are two main methods of leaving gifts to OCD-UK. First, specific gifts of money, stocks and shares, property or any item which a donor wishes to leave to the charity. Secondly, a donor can leave the residue of the value of their estate after all debts and expenses have been settled and any specific bequests have been met. The donor could leave the total residue or a share of the residue to charity. Solicitors are the best source of advice on legacies from a donor perspective.
So, through a legacy, you can make a real difference to someone's future.
Of course you can always tell us what you want your money used for, we would always honour your wishes.
In the future, we are determined to continue and develop our efforts to provide relief to young OCD sufferers, but we rely on people like you to make this possible.
By remembering OCD-UK in your Will, you can help carry on this life-saving work for many years to come.
We are currently putting together a legacy information pack, the pack will hopefully help save you time and money by taking you through the steps that you need to consider before seeing your solicitor. Please contact us should you require a legacy pack sending out to you once they are complete.
If you have any questions or queries about donating via your legacy please Contact Us.
Legacy Types
Residuary bequest
A gift of the remainder or a percentage of the estate after all other
bequests have been made and debts cleared is called a residuary bequest.
Many people prefer this type of legacy. It means that however much their financial circumstances may change, the share of their estate that each person or charity receives will stay the same, so there is no need for them to keep changing their will.
This is also a more inflation proof way of leaving a gift compared to a set sum of money which years in the future, may not represent the value you intended it to.
Pecuniary bequest
A gift of a fixed sum of money in your Will is called a pecuniary bequest.
The value of pecuniary legacies will decrease over time because it makes
no allowance for inflation, as the cost of living increases.
Specific bequest
A particular named item left as a gift in your Will is known as a specific
bequest - for example, a piece of jewellery, antique or another item of
value.
Contingent bequest
A gift in your Will that depends upon the occurrence of an event which
may or may not happen is known legally as a contingent bequest. An example
is a bequest to a charity which applies only if other beneficiaries named
in the Will die before the testator (person who made the Will).
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