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Leave a lasting legacy

Give today, change tomorrow.

Legacy giving

Thank you for your interest in leaving a gift in your Will to Nottingham Trent University (NTU). By choosing to remember NTU in this way, you are ensuring your continued impact far into the future.

Your gift could support students through higher education by unlocking life-changing opportunities, help fund our world-leading research, or even support people to access justice. However you choose to support us, your gift will ensure that NTU will remain an institution to be proud of for generations to come.

Our charitable status means that a gift in your Will to the University will be tax-exempt.

The impact you will make

Legacy gifts allow us to continue our ground-breaking work as a research and higher education institution.

Some ideas for how you may wish to remember NTU include funding for:

Remembering us in this way has significant benefits for you and your estate. Our charitable status means that a gift in your Will to the University will be tax-exempt and so could reduce the amount of Inheritance Tax payable if the net value of your estate is above the threshold (currently £325,000). Inheritance Tax is a complex area and it is important that you seek professional advice on the tax implications of leaving all or part of your estate to charity. Nominating the University as a beneficiary of your pension fund could provide significant tax benefits.

Legacy in action

 

Legacy Giving at NTU

Legacy gift pledgers and beneficiaries talk about their own reasons for supporting NTU in this way, the impact it has had on them and why anyone considering leaving a legacy gift to NTU should do so.

"I decided to leave a gift to NTU in my Will to benefit future generations of students and the University in carrying on its world-class research and teaching."

Reverend Robert Stephens

How to leave a gift in your Will 

We would always encourage you to take the time to think about your legacy. We would also recommend you contact your solicitor to discuss leaving a gift in your Will.

If you are ready to remember us in your Will then thank you. Your remarkable gesture will have a long-lasting and far-reaching impact.

There are many ways that you can leave a gift to the University in your Will, such as:

  • a specific sum of money (pecuniary bequest)
  • the remainder of an estate after other bequests have been made (residuary bequest)
  • a gift that is left to a preceding beneficiary before it passes on to a second beneficiary (contingent or reversionary bequest)
  • gifts in kind (specific items including property).

If we cannot fulfil the wishes set out in your Will, we will discuss the donation with the executors before proceeding to accept the gift.

Writing your Will

Here are some guidance documents to support you with writing your Will. This includes a Codicil Form which can be used to add to your existing Will, and some suggested wording for leaving a gift to NTU in your Will. The Codicil Form needs to be signed and witnessed, which can be easily arranged by a solicitor.

We also recommend that you contact your solicitor if you would like to make a gift part of your residuary estate. We always recommend you get in touch with us on the details below to discuss your plans, but this is not essential.

Declaration of intent

You don't have to tell us the details of your gift you wish to leave to us, but you can let us know using this form. Completing the form and letting us know about your plans to remember NTU in your Will helps us make sure you are kept up to date with our plans for the future.

Gov.uk and Citizens Advice are both useful resources to consider if you are thinking about leaving a legacy gift in your Will.

Glossary of legacy giving terms

Administrator - Has similar duties to an executor for estates where there is no Will

Beneficiary - A person or organisation to whom you leave a gift

Bequest - A gift to a person or organisation

Codicil - A change in your Will

Executor - Person(s) appointed by you to carry out your wishes

Grant of probate - Court document that confirms a Will’s validity and the executor’s right to administer the estate

Inheritance Tax (IHT) - The amount paid on the proportion of your estate that is over the tax threshold. Gifts made to charity are free of IHT

Intestate - A person who dies with no Will

Issue - Your children, their children and so on

Joint property - Under joint tenancy the property passes to the survivor(s)

Lasting power of attorney - When a person gives legal power to someone to run their affairs if they lose their mental capacity

Legacy - Gift to a person or organisation

Letters of administration - Issued instead of a grant of probate by the court

Life interest - A lifetime gift, such as the right to live in a property

Mirror Will - A Will that contains almost identical terms to yours, usually used if the beneficiary is the same

Nuncupative Will - A Will made orally before witnesses

Probate - Official proof of a Will’s validity

Residue - Possessions, property and money left after debts and gifts

Testator - Person who has made a Will

Trust - A written arrangement where a trustee is given assets to manage for those defined in the deed or will that created the trust

Trustee - Individuals or an organisation named in a trust deed

Contact us

If you have any questions about legacy giving and NTU, you can contact our Development Manager Olivia Wood on 0115 848 6575 or 07798 636359, or by email in the strictest confidence.