Bournemouth University is a charity, and one of the UK’s top new universities. Our talented academics undertake research in fields as diverse as dementia care, marine archaeology, and Sumatran orangutan conservation. As a university we rely on philanthropic income to support our projects, and are grateful for every penny we receive. We are passionate about working with young people, and committed to using our research to help others. Below are just two examples of projects being undertaken in 2017-2020.
Legacies are very important to us, and they support our work in lots of ways. Generous donors have requested that their legacies are used for new buildings and facilities, academic research, student welfare or faculty projects. We encourage donors to think carefully about their gift and not to be too project specific when making their Will, as some of our current exciting projects might have come to an end by the time we receive their legacy.
We would be very happy to provide you with more information about any aspect of Bournemouth University’s work and all contact will be treated in the strictest confidence. Please contact Claire House-Norman on 01202 961081, email@example.com for a confidential discussion.
Why should we all make a Will?
- Making a Will is the only way to ensure your wishes will be followed after your death. It often gives great peace of mind to know that your affairs have been organised and that you have made the provision you want for the people and causes you care about.
- It is much easier for your family and loved ones to manage your estate with a Will. It can be a complicated process if you die intestate, and adds to the stress loved ones will be feeling.
- Making a Will can help to minimise the inheritance tax liability on your estate.
- It ensures your money and assets are given to the people and the causes you choose. If you die intestate, there is a risk that your estate could end up belonging to the government.
Frequently asked questions
- What is a legacy? A legacy is simply a gift left in your Will.
- How do I leave a legacy? You need to make a Will or add some words to your Will. We have included a form of wording that you might want to consider on this site, but we would always recommend you find a local solicitor to help you. You can contact the Law Society to find one near you.
- How can I reduce my inheritance tax? Inheritance tax is usually due on estates of over £325,000 (for an individual), but leaving a part or your entire estate to charity can reduce / remove your inheritance tax liability. If you leave a gift to Bournemouth University in your Will, it will not count towards the total taxable value of your estate, and we will receive 100% of your gift. A solicitor will be able to give you detailed advice.
- What can I leave? There are different gifts you can leave in your Will, but most people prefer to consider a residuary legacy (a share of your total estate once specific requests and expenses have been settled), or a specific legacy (a specific sum or asset).
- Does Bournemouth University need to know that I have left them a gift in my Will? No, you don’t have to tell us. We do, however, like to say thank you for legacy pledges whenever we can, and it also enables us to discuss your exact wishes for your gift.
Bournemouth University is an exempt charity HMRC No EW00806.
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