With no regular funding from central or local government, The Bar Convent relies on generating our own income to preserve this unique part of York’s history and continue its good work.
A gift in your Will is a wonderful way to support the work of The Bar Convent. All legacies, however large or small, make a vital contribution.
If you would like to discuss a legacy to The Bar Convent in complete confidence, please contact our General Manager James Foster in the first instance – firstname.lastname@example.org.
Gifts in Memory
A gift in memory can be a very special way to commemorate the life of a friend or loved one and provide a lasting legacy. In memory gifts can be arranged through funeral directors or direct to The Bar Convent. All donations are gratefully received and acknowledged.
Legacy Gifts and Inheritance Tax
Where gifts to charity are more than ten percent of the taxable estate, legislation now reduces the rate of inheritance tax on the rest of the estate. This means that leaving a gift to charity can be beneficial to your overall finances.
Types of Legacy
There are three main types of legacies.
A Residuary Legacy: (a percentage of your estate)
A gift made of the remainder of your estate after all other gifts have been handed out
and debts paid off. This could be any fraction of an estate (e.g., a half or a third).
A Pecuniary Legacy: (a fixed sum of money)
A gift made of a fixed sum of money. Unfortunately, the value of a pecuniary gift will decrease over time as the cost of living increases.
A Specific Legacy: (an item such as a painting)
A particular named item left as a gift in your Will - for example, a painting, sculpture or books. We would welcome the opportunity to discuss any gift with you in confidence.
Contact: James Foster (General Manager) – email@example.com
A Will is very personal, and we advise you to seek professional advice both when drafting a
new Will or updating an existing one. This ensures that you receive confidential guidance and your Will is tailored to your particular circumstances.
If you have an existing Will, you may want to ask your solicitor to add a Codicil to include a legacy to The Bar Convent. This document lets you make minor changes without the need for drafting a new Will.
Example of codicil form
A codicil is a document that amends, rather than replaces, a previously executed will.
Click here to download a codicil form.
For a residuary legacy:
"I GIVE the whole (or a share: e.g., one half; one third) of the residue of my estate to The
Bar Convent, 17 Blossom Street, York YO24 1AQ (Registered charity No.294320) for its
general charitable purposes and I DECLARE that the receipt of the treasurer or other
proper officer shall be a sufficient discharge to my Executors."
For a pecuniary legacy:
"I GIVE the sum of [AMOUNT IN WORDS] (£) to The Bar Convent, 17 Blossom Street,
York YO24 1AQ (Registered charity No.294320) for its general charitable purposes and
I DECLARE that the receipt of the treasurer or other proper officer shall be a sufficient
discharge to my Executors."
For a specific purpose:
It is most helpful for a charity if gifts are made unconditionally. This enables us to use
them according to most need. However, if you would like your gift to be used for a
specific purpose, then you could add to the wording:
" …and I express the wish (but without imposing any trust to this effect) that the
aforesaid gift shall if possible be used for the purposes of ……..”