After providing for your loved ones, could you leave a gift in your will to provide for young people who have nobody to care for them? In an uncertain world you’ll be ensuring there is always a safe and welcoming place for homeless young people in Leicester, long into the future.
Writing or updating your will ensures that you get to decide what happens to your property, possessions and money, even who takes care of your dependents. It’s one of the most important things we will do at different points in our lives but we don’t always know where to start!
You can take advantage of the exclusive 20% discount Will writing service from Co-op. You will receive professional legal advice from Co-op’s specialist team by simply calling 0330 606 9578 or clicking here to get started online. Prices start from £119 for a standard single will and you will have the opportunity to leave a little something to The Y if you wish.
Our supporters, Paradigm Wills, are happy to provide you with a 25% discount on Wills, Trusts, Lasting Power of Attorneys and any other services they offer. Please note: there is no obligation to include The Y in your Will or share any details with us. Talk to an expert directly by calling 0800 999 7750 or visit their website.
“I had been supporting The Y for about three years when the time came to update my will. I remembered listening to a talk about leaving a gift to the charity and thought why not?
I really believe in the work that they do with homeless young people and also it excites me that the charity is constantly changing, like the recent children’s home launch and the complex needs work. I think that legacy money can be more fluid and open opportunities that other funding can’t. I know the money will be used to good purpose as I’ve seen what has been achieved already.
When I came to Leicester I wanted to be part of the city. It was theatre that attracted me originally. I went to see a friend in a choir and I have seen many shows since, I feel very comfortable there it’s like a safe space. Now I’m a trustee for The Y I don’t want to just sit around a table, being a trustee is more than that, it’s about leading by example; selling raffle tickets, coming to events and now leaving a legacy.
I do like it when I meet young people. One resident said to me he wouldn’t be here if it wasn’t for The Y, so that was really powerful. He’s now gone to university.”
You may wish to leave us a gift of a particular amount of money. This is called a pecuniary bequest. However, if you are concerned that inflation may erode your gift over time, then you may wish to leave an index linked pecuniary gift in your will.
After providing for your loved ones, you could consider leaving us a share of what is left. By leaving a percentage of what is left of your estate or assets, after other gifts (and debts) have been paid. This is known as a ‘residuary bequest’. It is worth noting that inflation will not erode the value of residuary gifts over time.
You may wish to leave us a particular item (known as a specific bequest), which can be sold to support our work. This can be property or an item of value such as an antique or a piece of jewellery.
Your solicitor or other professional adviser will help you with the wording of your gift, but please feel free to get in touch and we will be happy to help or talk through you any queries you may have.
Your legacy makes a difference and will help us to end youth homelessness in Leicester & Leicestershire.