Leaving a Legacy
Your legacy can make a differenceWhen you leave a gift in your will to the University of Portsmouth, you're investing in the higher education of future generations.
The University is a charity which means that we won't pay any tax on gifts of money or property left to us by you. Leaving a legacy can also reduce the inheritance tax liability on your entire estate. After providing for your family and friends, your legacy gift to Portsmouth could support a range of areas at Portsmouth. You could fund medical research or you might prefer to direct your gift towards bursary or scholarship opportunities for future students. We can work with you to identify the area of our work that means the most to you in confidence and with no obligation.
Types of legacy
There are several ways you can choose to leave a legacy to the University of Portsmouth:
This is a gift of all, or a share of, what is left after all your bequests, taxes, debts, and expenses have been paid. The advantage of a residuary legacy is that its value will not be eroded by inflation.
This is a fixed sum of money to a named beneficiary, and can also be stocks and shares.
This is a particular object or piece of property.
This is a legacy which depends on an event occurring (or not occurring) before it’s effective. For instance a gift to charity dependent on someone else not surviving you.
This gift has the advantage of providing for your family first and then benefiting the University. So when the original beneficiary passes away, the gift in your will reverts to the University of Portsmouth. Your solicitor or legal advisor will be able to provide you with wording for this form of legacy.
For more information about leaving a gift in your will to the University of Portsmouth, please contact Alumni and Development Coordinator Emma Deabill by email or telephone 023 9284 2706.
Leaving a gift in your will is a straightforward process but we would advise you in all cases to see a solicitor who can advise you on your particular circumstances.