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How do I make a will or amend it?

Writing or updating your will gives you control over what happens to your money and property once you’ve gone.  It means that you can look after friends, family and the causes that are close to your heart in your lifetime.

If you don’t leave a will, it may be the case that your wishes are not fulfilled as the law actually decides how your estate is passed on. 

It’s simple to write or update your will and it can save your family unnecessary distress at an already difficult time. 

If you do not have a will at the moment, we advise that you consult a solicitor for professional advice. You may need to find a solicitor so we would recommend starting with The Law Society where you can search for a list of reputable legal professionals in your area.

You may want to know what to consider when writing a will before you visit a solicitor and as a starting point you should think through the following:

  • Decide and make a list of who you would like to benefit from your estate
  • List your assets and the value e.g. savings, property, pension, shares, valuable objects etc.
  • List what you owe, for instance an outstanding mortgage, loan or bills
  • Make a list of the items you have that you want to go to specific people e.g. jewellery
  • Consider how you want to distribute your money i.e. percentage (residuary), cash gifts (pecuniary) or specific gifts    
  • Check whether your estate will be subject to Inheritance Tax

If you need further in-depth information on what to consider when writing a will this can be found on Gov.uk website.

Our jargon buster and common questions can also help explain some typical legal language relating to wills and answer questions specific to legacies.    

If you have already made a will but you would like to leave a gift to The Prince’s Trust, you can do so by making a simple addition to your existing will called a codicil. Download our codicil form (pdf, 108kb).

How to include a gift in your will

Thank you for considering leaving a gift in your will to The Prince’s Trust, it’s truly wonderful that you are thinking of supporting us in this special way. It’s straightforward and easy to leave a gift in your will but you’ll find the information below answers the essentials:

What are the different types of gift I could leave?

There are three main kinds of gifts that you could leave in your will:

  • Percentage gift – this is a share of all or part of what is left over once all other gifts have been taken into account. Also referred to as a ‘residuary gift’
  • Cash gift – this is a fixed amount of money left to a person or an organisation. Also referred to as a ‘pecuniary gift’
  • Specific gift – a particular item – such as a house, painting or jewellery

What wording should I use?

The following suggested wording on leaving a gift in your will is provided below however we would always recommend you speak to your solicitor.  

Residuary gift:

I give all/____% of the residue of my estate to The Prince’s Trust, Prince’s Trust House, 9 Eldon Street, London, EC2M 7LS (registered charity number 1079675), for its general charitable purposes and I declare that the receipt of the Treasurer or other proper officer shall be full and sufficient discharge.

Pecuniary gift:

I give the sum of £______ (amount in words) to The Prince’s Trust, Prince’s Trust House, 9 Eldon Street, London, EC2M 7LS (registered charity number 1079675), for its general charitable purposes and I declare that the receipt of the Treasurer or other proper officer shall be full and sufficient discharge.

Specific gift:

I leave a specific gift of (description in words e.g. shares, painting, etc.) to The Prince’s Trust, Prince’s Trust House, 9 Eldon Street, London, EC2M 7LS (registered charity number 1079675), for its general charitable purposes and I declare that the receipt of the Treasurer or other proper officer shall be full and sufficient discharge.