Types of legacy gifts
There are a range of ways in which you can leave a legacy gift to Exeter.
Residuary legacy
The whole, or a specific portion or percentage, of an estate left over after making other specified legacies (typically to family members, friends and other charitable causes also specified in your Will). This is the most valuable form of legacy donation, as its value is unaffected by inflation.
Pecuniary gifts
The gift of a specific sum of money. The value of this type of legacy will decrease over time, however you may wish to index-link the gift in order to preserve its value despite inflation.
Reversionary gifts
A gift that is left to another beneficiary first, but that reverts back to the University, usually after the initial beneficiary has also died. Couples, parents, or those with dependents often choose this type of legacy. The gains and interest on the sum is available to be spent by the beneficiary/ies during their lifetime and then the capital is given to the University once there are no longer any surviving beneficiaries.
Contingent gifts
A gift which depends on the occurrence of an event, so is not guaranteed to be realised e.g. only if the donor survives other named beneficiaries.
Specific gifts
A particular item such as art collections, rare books, property, land, shares, life insurances or pensions which may be used by the University or that could be sold and proceeds used to support the University.
Residuary legacy
The whole, or a specific portion or percentage, of an estate left over after making other specified legacies (typically to family members, friends and other charitable causes also specified in your Will). This is the most valuable form of legacy donation, as its value is unaffected by inflation.
Pecuniary gifts
The gift of a specific sum of money. The value of this type of legacy will decrease over time, however you may wish to index-link the gift in order to preserve its value despite inflation.
Reversionary gifts
A gift that is left to another beneficiary first, but that reverts back to the University, usually after the initial beneficiary has also died. Couples, parents, or those with dependents often choose this type of legacy. The gains and interest on the sum is available to be spent by the beneficiary/ies during their lifetime and then the capital is given to the University once there are no longer any surviving beneficiaries.
Contingent gifts
A gift which depends on the occurrence of an event, so is not guaranteed to be realised e.g. only if the donor survives other named beneficiaries.
Specific gifts
A particular item such as art collections, rare books, property, land, shares, life insurances or pensions which may be used by the University or that could be sold and proceeds used to support the University.
Anne Van Geyzel, a former member of staff and local Exeter resident, left a legacy gift to support the maintenance of the University grounds. Thanks to this gift new trees were planted at Birks Grange. These trees contribute to biodiversity across our campuses which includes two arboretums, a cherry orchard and a wild conifer collection.
Anne Van Geyzel, a former member of staff and local Exeter resident, left a legacy gift to support the maintenance of the University grounds. Thanks to this gift new trees were planted at Birks Grange. These trees contribute to biodiversity across our campuses which includes two arboretums, a cherry orchard and a wild conifer collection.
