We would encourage you to consult with a solicitor before you make your will or make any changes to an existing will. As the College is a registered charity, a RCOG legacy gift is exempt from UK inheritance tax and your solicitor can explain in full the benefits and how they apply to you.
How can my legacy gift make a difference
You can leave us a legacy gift for the overall benefit of the College allowing us to channel resources to areas of greatest need when required. Or you may want to leave your gift to an area of work such as global health, clinical audit or education. This enables us to have some flexibility while still meeting your wishes.
You may feel that you want to leave your gift to a specific activity such as:
Lindsay Stewart Centre for Audit and Clinical Informatics
The Centre was established in September 2014 in memory of Lindsay Stewart, who left a generous gift to support the College’s research and development activities. The Centre’s programme of work is project-based and includes a number of partnerships and collaborations with other institutions. Projects undertaken includes Each Baby Counts, Clinical Indicators project and Third and Fourth Degree Tears project.
Types of legacies
There are several different types of legacy gifts, the most common are:
- Residual legacy: A gift of all or part of the remainder of your estate after all other legacy gifts and debts have been met
- Pecuniary legacy: A gift of a stated sum of money
- Specific legacy: A gift of a particular item such as property or an item of value
- Revisionary legacy: A legacy gift in two stages. Firstly left to a beneficiary to use an asset in their lifetime and then, after death, the asset is passed on to a subsequent beneficiary
- Donations in memory: You may wish to leave a request that any donations in your memory are directed to the RCOG
Why create a will?
Without a will your estate may not pass entirely to your next of kin or spouse, it will be divided by law which may not be according to your wishes.
It is also vital to review your will regularly to ensure that it reflects your current situation and wishes.
What wording do I need to use if I am leaving a legacy gift to the RCOG?
Please use the wording:
‘Subject to the payment of my debts, funeral and testamentary expenses, I give to the Royal College of Obstetricians and Gynaecologists of 27 Sussex Place, Regent’s Park, London NW1 4RG, registered charity number (213280 for England and Wales and SCO41594 for Scotland) the sum of (insert amount for Pecuniary OR % for Residual) for (the general purposes of the Royal College of Obstetricians and Gynaecologists OR to a specific area of work). I direct that the receipt of the duly authorised officer of the Royal College of Obstetricians and Gynaecologists shall be full and sufficient discharge for my Executors/Trustees.’
Update an existing will
If you wish to give a legacy gift without amending your existing will you can use a Codicil. Our codicil form (PDF, 150 kb) helps you to make small changes to an existing will. We always recommend that you use a solicitor when updating or adding to your will.
Your solicitor can advise you further or you can contact the Development Office, please email email@example.com or ring us on 020 7772 6261 to discuss your gift in more detail.