It is important to seek legal advice to help you to prepare your Will and a solicitor can advise you on the wording. You should also consider what you would like your gift to achieve and might want to consider the following:
- supporting an area you are passionate about - a field of study/research, or a particular area such as supporting disadvantaged students.
- helping the university to respond to the most pressing need by helping where the need is greatest.
There are two main types of legacy gift:
- a share of your estate (a residuary gift)
- a fixed amount of money (a pecuniary gift)
The University of Strathclyde is a registered charity and any legacy gift to a charity is deducted from the value of your estate before inheritance tax is calculated.
Strathclyde was established on the legacy of Professor John Anderson