There are a number of different types of legacies you may wish to consider:
A pecuniary legacy allows you to specify a sum of money to give.
A specific legacy enables you to leave a specific asset such as property, works of art or shares.
A residuary legacy is a gift of all or part of your estate after other legacies and expenses have been paid.
A reversionary legacy allows you to leave assets to Mansfield College whilst giving a named person the benefit of them during his or her lifetime.
We recommend that you speak to a solicitor for personal and confidential up-to-date advice tailored to your needs. They will ensure your intentions are clearly expressed and legally valid, and will be able to advise you on any tax benefits in relation to your gift.
If you would like to discuss making provision for Mansfield in your Will, in confidence and without obligation, please contact:
Gemma McPhail, Senior Development Officer
Phone: +44 (0) 1865 270826]