In this section

  • Writing a Will
  • 5 Steps to consider when making your Will
  • Suggested wording for your Will

 

WRITING A WILL

Writing a Will and keeping it updated is the only way for you to decide what happens to your property, money and possessions after you die, giving you peace of mind that your loved ones are looked after.

If you would like to leave a gift to QEF in your Will there are three main ways to do this.

A residuary gift
This is a share of your total estate after all other payments have been deducted. Many people choose a residuary gift as it can be a percentage of what is left over once loved ones have been provided for and keeps its value over time.

A pecuniary gift
This is a fixed sum of money. It is a good idea to review pecuniary gifts regularly as the value can be lessened by inflation and become less powerful than you might have hoped.

A specific gift
This is a specific item of value, such as personal possessions, property or shares. Gifts like these should be
named in your Will.

Need help writing your Will?

We have teamed up with The Goodwill Partnership to offer QEF supporters a Will writing service – click here for more information.

If you have any queries, please call us on 01372 841132 or email legacy@qef.org.uk

 

5 SIMPLE STEPS TO CONSIDER WHEN MAKING YOUR WILL

 

Step 1 Value your estate

Your estate is the total amount of assets you have minus any debts that you owe. List your assets such as property, shares, savings and any other items of value minus any debts such as mortgages, loans or bills. Doing this will give you a better idea of the value of your estate and save time and money with
your solicitor.

Step 2 Your beneficiaries

Make a list of the people and organisations that you wish to remember in your Will, and how you would like to divide your estate between them. If you decide that you want to leave a gift to QEF please remember to include our full name, address and registered charity number in your Will.

Step 3 Dependants

If you have a child under the age of 18, or a disabled family member that you care for, you may want to include who should care for them in your place.

Step 4 Choose your Executors

Choose the person who you want to appoint to administer your estate and carry out and fulfil your wishes outlined in your Will. Many people choose their solicitor and/or a trusted family member.

Step 5 Drawing up the Will

Once the Will has been drawn up, many people prefer to leave it in the safe hands of their solicitor and keep a copy in a safe place. Don’t forget that it is important to review your Will regularly.

 

SUGGESTED WORDING FOR YOUR WILL

Should you decide to leave a gift in your Will to QEF, please use the suggested wording and share with your solicitor to ensure your wishes are fulfilled.

A residuary gift
(a share of your total estate)

I leave to Queen Elizabeth’s Foundation for Disabled People of Leatherhead Court, Woodlands Road, Leatherhead, Surrey KT22 0BN; Registered Charity No. 251051, the residue (or % share of the residue) of my estate for its general purposes and I direct that the receipt of the Treasurer or other duly authorised officer shall be a sufficient discharge to my executors.

A pecuniary or specific gift
(a fixed amount or item)

I leave to Queen Elizabeth’s Foundation for Disabled People of Leatherhead Court, Woodlands Road, Leatherhead, Surrey KT22 0BN; Registered Charity No. 251051,
(i) (free of tax) the sum of £______ (and written in words) OR (ii) (free of tax and cost of transfer) the gift of my_______ (description of item) for its general purposes and I direct that the receipt of the Treasurer or other duly authorised officer shall be a sufficient discharge to my executors.

Updating an existing Will
If you want to leave a gift but you’ve already made a Will, that’s no problem, there are a couple of ways you can change it. You can either write a new Will or you can add a codicil for simple amendments such as adding a charity or changing an amount. A codicil form is enclosed or available from the QEF Legacy team, simply call 01372 841132 or email legacy@qef.org.uk.

In both cases we recommend you consult a solicitor.