leave a gift in your will

The Footsteps Fund

By remembering the College in your Will, you will be leaving a footprint in the future and making a lasting gift for tomorrow’s pupils.

If you are thinking of making a Will, or have already done so, once you have taken care of family and friends, you may wish to consider leaving a gift in your Will to the College.

Leaving a gift in your Will can support a priority which you think is important, such as The Opportunity Fund to help bursary pupils or improvements to the campus.

There are 4 main types of legacy gift:

  1. A Pecuniary Gift 

Is a defined sum of money.

  1. A Residuary Gift 

Relates to the residual value of your estate once all debts, fees and any pecuniary legacies have been paid.

  1. A non-Monetary Gift

This can be property, stocks, and works of art, copyright revenues or any other valuable item.

  1. A Reversionary Gift

A property may be left to a spouse for his/her lifetime and then bequeathed to the College after his/her death.  

You are best to ask your solicitor to advise on the wording for your Will, taking into account your wishes.  

Legacies are exempt from inheritance tax, so it may help reduce the amount of tax payable if your estate is over the exempt threshold, which is £325,000 until 5 April 2018.

To discuss your wishes in confidence, please contact Caroline Notman, Director of Development & Alumni Relations on 0141-331-9274 or by email on cnotman@staloysius.org

Downloadable Legacy Form