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Ways To Give
A legacy is a uniquely valuable way to help the High School of Dundee invest in education to help shape the world for future generations.
A common misconception is that a legacy has to be an enormous sum of money. This is far from the case. Any gift left in a Will, no matter how large or small, is extremely important to the charities that you support and will make a real difference to the work that the High School of Dundee, a registered charity, undertakes.
There are a variety of ways in which to support the school with a gift in your Will, including:
A cash gift
Known as a pecuniary legacy, this is a gift of a fixed sum of money. Inflation will reduce the value over time, however, you can arrange for the fixed amount to increase in line with inflation to protect against this.
A share of your estate
Known as a residuary legacy, this is a percentage of what remains after all other gifts and expenses have been honoured. This is a good way to make sure your gift won't be affected by inflation. The value of the gift will change in line with the value of your estate, so you are less likely to have to change your Will in the future. This can also be arranged such that inheritance tax is effectively managed.
A gift that provides for your named beneficiaries first
This gift is known as a revisionary legacy, and will provide for your named beneficiaries first, and then benefit the school.
A specific item
If you have possessions such as property, antiques, or stocks and shares then you can leave these to the school as a gift in kind.
If you are considering provision for the school in your Will then we recommend that you seek professional advice from a solicitor who can arrange or amend your Will. While we cannot offer legal advice, we can provide expertise in the range of ways you can use a legacy gift to support the school most effectively, including advising on tax efficient giving.
Please do get in touch with The Office of Development on 01382 202 921, if you would like to arrange a confidential discussion.