Information to help you leave a gift in your Will

Did you know that you can leave 1% to Loughborough University and 99% to your family?
£1 of every £5 that Loughborough University receives in charitable donations comes from gifts in Wills.
In the UK by giving 10% of your estate to charity, you may reduce your inheritance tax liability from 40% to 36%. Please note, however, we recommend that you seek professional advice for accurate tax calculations.

Free Wills Month - March 2022

Free Wills Month offers members of the public aged 55 and over the opportunity to have their Wills written or updated free of charge in areas of England, Scotland and Wales. 

To find out more about the charities and solicitors involved, please click here.

Ways to leave a gift in your Will

There are many ways that you can donate to Loughborough through your Will:

  • a specific sum of money (pecuniary bequest)
  • the remainder of an estate after other bequests have been made (residuary bequest)
  • a gift that is left to a preceding beneficiary before it passes on to a second beneficiary (contingent or reversionary bequest)
  • Gifts in kind (specific items)

Useful Links

  • Citizens Advice: advice on creating a will and why it's important
  • HMRC: the basics of inheritance tax
  • GOV.UK: an overview of creating a will
  • The Law Society: help with finding a solicitor in your area

Get in touch

If you would like to talk about leaving a gift in your Will, please feel free to get in touch with a member of our team.