Legacies and Bequests
Make A Gift to the Oxford Centre in your Will
In general terms, a legacy is a straightforward gift of money left in a Will. A bequest refers to property and possessions. They come in different forms, three of the most common are shown below.
All charitable legacies can reduce the liability of your estate to inheritance tax (liable if your estate is worth over £242,000 at 2001/02 tax rates) as well as ensuring the future of your chosen charities.
Remembering the Oxford Centre for Hindu Studies
There are a number of ways to remember the Oxford Centre for Hindu Studies in your Will. The three most common methods are shown below. Your solicitor may suggest others:
A PECUNIARY LEGACY - a gift of a specific sum of money. It is worth remembering that Pecuniary Legacies lose value from the day the Will is made. However, Pecuniary Legacies can be index-linked. It is advisable to nominate that a percentage of your estate be given to the OCHS.
A SPECIFIC BEQUEST - a gift of a specific property or asset eg. house or shares.
A RESIDUARY LEGACY - the gift of the residue of your estate or a share of it.
The OCHS's charitable status means that the value of any gift made to the Centre in your will is deducted before inheritance tax.
Like to discuss this with someone?
If you are interested in making a legacy in favour of a particular area of the Centre's work or wish to leave an item to collections we would be happy to discuss your wishes with you.
Please contact the Director directly on 01865 304300.
Oxford Centre for Hindu Studies
15 Magdalen Street
Oxford
OX1 3AE
UK
Tel: +44 (0)1865 304300
Fax: +44 (0)1865 304301
E-mail: info@ochs.org.uk
