3. Make a bequest
A significant proportion of the contributions made over the years to the upkeep of Little Malvern Priory has only been possible because of the generous legacies received.
One of the benefits of making a charitable bequest from the donor’s perspective is that it can be paid only after you have retained funds to meet the many, varied and often unpredictable demands on your money during your lifetime and, even on your death, if you want, only after payments have been made to recipients you prioritise more highly.
The process of adding a Codicil to your Will, if you have made one, really is very simple. The core wording need be no more complicated than something along the following lines:
“I (name) of (address) declare this to be my Codicil to my last Will dated (date). I give the sum of £…….. [or …. % of my residuary estate] to the Friends of Little Malvern Priory (Registered Charity no. 227995) for its general charitable purposes and I direct that the receipt of the Honorary Treasurer or duly authorised officer shall be a valid and appropriate form of discharge. In all other respects, I confirm my Will”.
A Codicil does of course have to be duly signed and witnessed like the original Will.
It should be noted that the information provided here does not amount to legal advice – for that you should consult a solicitor.