Cash Legacy or Gift of Residue? Cash legacies tend to be used as 'token' gifts in your Will. Your will deals with relatively simple broad stuff, including who does what (executors and guardians), and who gets what (fixed legacies, personal items, and of course ‘everything else’). We don’t have to include [...]
Leaving a Cash Legacy to Charity Leaving a legacy to charity in your Will is a great way of making a difference. Charities rely heavily on gifts made to them in Wills. By way of example, the incredible work undertaken by Cancer Research UK was funded in 2021 (figures published on [...]
What is a Cash Legacy? A cash legacy is a fixed "money" gift that you leave in your will. A cash legacy is a fixed cash sum that you can include in your will. It is a specified amount (rather than a percentage of the overall estate which is called a [...]
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