What types of Gift can you make?
A percentage or share of your estate: For example, you could leave a 1/5 share or 10% of your total wealth. This is known as a residuary gift.
A lump sum: For example, you might wish to give a fixed sum of money like £1,000, £5,000 or £10,000. This is known as a pecuniary gift.
A valuable item: For example, you can gift property, antiques or shares to the University. This is known as a specific gift.
Other assets: You can also make the University the beneficiary of a life insurance policy, company benefit or pension fund.
Variation of Will: Many families choose to make a variation of Will from their share of the estate, perhaps to make a gift in memory of their loved one or to reduce tax liability.