Leaving a legacy is often the most significant gift someone can make and is an important way of supporting the University and future generations of students and researchers.
We are grateful that you are considering a gift to the University of Lincoln in your will and we have outlined ways in which you might make such a gift below. Our Alumni and Development Team would be delighted to discuss these with you.
We recommend that you also seek advice from a solicitor in order to make a will or add a simple codicil to your will.
The University of Lincoln is an exempt charity, that means it has full charitable status. Exempt Charity number: XR20664
Gifts to the University of Lincoln are exempt from Inheritance Tax in the UK, meaning that a gift from you can reduce the amount of any tax payable out of your estate.
It is also currently possible for your other beneficiaries to receive a further reduction in Inheritance Tax if you leave at least 10% of your net estate to charity.
Unrestricted legacies to The University of Lincoln’s charitable fund allow us to support the areas of greatest need, both now and in the future. These gifts enable the University to build on its strengths and maintain excellent teaching and research.
If you would prefer to stipulate a particular area for support, the Development Team would be happy to discuss this with you to ensure that we can meet your wishes. Some options are to support:
For a residual gift (the whole or part of your estate)
I give to the University of Lincoln all (OR a percentage or share) of the residue of my estate absolutely to be used for the general purposes of the University of Lincoln AND I DECLARE that the receipt of the Deputy Vice Chancellor (External Relations) or other proper officer of the University shall be a full and sufficient discharge to my Executors.
For a cash gift (lump sum)
I give the sum of £ (in figures and words) to the University of Lincoln to be used for the general purposes of the University of Lincoln AND I DECLARE that the receipt of the Deputy Vice Chancellor (External Relations) or other proper officer of the University shall be a full and sufficient discharge to my Executors.
If you would like to be more specific about how your gift is used, then you might also like to add:
I express the wish, without creating any trust or imposing any other legally-binding obligation, that this gift be used for the purposes of advancing teaching and knowledge within [eg Engineering].
We would like to thank you personally for your support, so please let us know if you intend to remember us in your will. Please get in touch using the contact details below, or send us the completed form if you prefer.
University of Lincoln
+44 (0)1522 835835