Different types of gifts
There are three main ways you could leave a gift to Toybox in your Will:
These are items or possessions such as valuables or shares.
A financial donation of a fixed amount.
A gift of all or part of what remains of your estate once your other wishes have been met.
How you choose to structure your Will is entirely your concern and we are so grateful to be remembered in any way. However, the disadvantage with percuniary gifts is that the value of these will erode over the course of your lifetime. That's why a popular choice amongst our suppoerts is to leave a residuary gift. These are guarded against inflation and means that your gift can have the impact you want.
Making a Will is straightforward but as it is a legal document it is important that you get professional help from a solicitor. Although they will charge you a fee, it needn't be expensive. If you don't have a solicitor then please contact us and we can help you find one.
Changing a Will
If you already have a Will but want to make some changes to include Toybox, you don’t need to start again – but you can easily add in a gift to Toybox using a codicil. This is a short separate document written to work with your Will without invalidating it.
However if you want to make substantial changes to your Will – you would be best to revisit your solicitor to make sure there are no mistakes made which could invalidate your existing Will.
Gifts in Memoriam
Many people also see writing their Will as a chance to say how they wish to be remembered at their funeral service. One option is to ask people to make donations to a favourite cause instead of sending flowers.
Making a donation in memory of a loved one can offer family and friends an opportunity to do something positive during a difficult time. If you would like to be remembered in this way you can add a codicil to you Will or make sure your executors know your wishes.