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How to leave a gift in your will

There are three main ways to leave a gift to Oasis in your will.

These are:

  1. Pecuniary Bequest (fixed amount of money)
  2. Specific Bequest (Property or valuables)
  3. Residuary Bequest (Part of your final estate)

Making a pecuniary bequest

You can make a gift of a fixed amount of money e.g. £2000. One drawback to a pecuniary bequest is that inflation gradually reduces the value of the gift, meaning your will may need regular updating.

Sample wording

I give to Oasis UK of 1 Kennington Road, London SE1 7QP, Registered Charity Number 1026487, the sum of £ (in figures) £ (in words) for its general purposes and I direct that the receipt of the Director of Finance or other duly authorised officer shall be sufficient discharge to my executors.

Making a specific bequest

You can make a gift of property or valuables in your will. Examples could range from a fine china collection to jewellery. This must be clearly identified in your will.

Sample wording

I give to Oasis UK of 1 Kennington Road, London SE1 7QP, Registered Charity Number 1026487, my (description of property) and I direct that the receipt(s) of the Director of Finance or other duly authorised officer shall be sufficient discharge to my executors.

Making a residuary bequest

You can make a gift from the residue (or remainder) of your property. This is what is left after other legacies and any debts, liabilities and tax have been paid. It is important that you give a residuary legacy to at least one person or charity; otherwise your residue will be distributed in accordance with current legislation.

A residuary legacy is the most effective way to support Oasis’ work.

Sample wording

I give all (or a share of) the residue of my estate to Oasis UK of 1 Kennington Road, London SE1 7QP, Registered Charity Number 1026487 for its general purposes and I direct that the receipt of the Director of Finance or other duly authorised officer shall be sufficient discharge to my executors.

Please note that individual solicitors may have slightly different ways of wording their wills.