Give in your will

We are grateful that you are considering a legacy to The Patrick Wild Centre in your will. All charitable activities for the centre are administered by The University of Edinburgh Development Trust. As a registered charity (number SC004307), a legacy to The University of Edinburgh Development Trust in most instances is tax free and will reduce any inheritance tax burden on your estate. We have outlined ways in which you might make such a gift below and our Legacy Manager would be delighted to discuss this with you.

We recommend that you also seek advice from a solicitor in order to make or update your will.

Types of legacy & suggested wording

There are several different kinds of gift you can leave in your Will. The most common are described below with suggested wording.

Residuary Legacy

A residuary legacy is stated as all or as a percentage of your remaining estate, after all fees, outstanding costs and other gifts have been taken care of. The advantage of a residuary legacy gift is that it keeps track with inflation as it is not a fixed sum.

Our suggested wording is:

“I give free of tax all (or specify %) of the residue of my real and personal estate to The University of Edinburgh Development Trust to be used to support the Patrick Wild Centre or other future research into Autism, Fragile X Syndrome and Intellectual Disabilites carried out at the University of Edinburgh and I direct that the receipt of the Secretary of The University of Edinburgh or other duly appointed officer for the time being of the said charity shall be sufficient discharge for my Executors or Trustees.”

Pecuniary Legacy

A pecuniary legacy is a gift of a fixed sum of money. The value of pecuniary legacies will decrease over time, as the cost of living increases. You can link your legacy to the Retail Price Index to ensure that the value of the gift you make today is worth the same in the future.

Our suggested wording is:

“I give free of tax the sum of £…. (preferably inflation linked to the Retail Price Index) or….(specify gift) to The University of Edinburgh Development Trust to be used to support the Patrick Wild Centre or other future research into Motor Neurone Disease carried out at the University of Edinburgh and I direct that the receipt of the Secretary of The University of Edinburgh or other duly appointed officer for the time being of the said charity shall be sufficient discharge for my Executors or Trustees.”

Other types of gifts

You can also make a gift of land, buildings, personal property (such as antiques or jewellery), shares or securities tax free to The University of Edinburgh Development Trust and as a registered charity we do not pay stamp duty on receipt of outright gifts of land or buildings.