Having an up-to-date will is an essential part of planning for you and your family’s future, but did you know that wills also play an important role in funding our life-changing work?
By leaving a gift to us in your will, you can help us continue to provide vital support to engineers in need for decades to come. It’s a great way to show your gratitude and appreciation for your profession and peers, and leave a lasting legacy that will help make a world of difference to engineers facing crisis.
How do I leave a gift in my will?
There are three main ways to leave a gift to charity in your will:
A share of the remainder of your assets. This is a popular choice because it ensures your loved ones are protected first. By choosing this option, you’d leave a percentage of your estate to Foothold once your family and friends’ shares are sorted out. (This is often called a residuary legacy).
A specified lump sum. Here, you specify a set amount, for example £100, £1,000 or £10,000, which you’d like to leave to the charity (this is often called a pecuniary legacy).
Leaving specific items. Instead of leaving a monetary gift, you may choose to donate some of your personal belongings which have financial value – for example, jewellery, shares or antiques.
How to include Foothold in your will
It’s a common myth that only rich or famous people can leave a legacy – in fact, anyone can choose to leave a gift in their will.
If you have not yet made a will, we may be able to help you access our free will writing scheme. Click here to find out more (places are limited and given on a first come, first served basis).
If you already have a will but would like to amend it to include a gift to Foothold, you can make an addendum called a Codicil. Your will-writing professional will be able to arrange this for you.
You will need to include our formal registered charity details:
Foothold, The Institution of Engineering & Technology Benevolent Fund, registered charity 208925, of Napier House, 24 High Holborn, London, WC1V 6AZ.
Keeping in touch
If you do choose to leave a gift in your will to Foothold, please let us know. We’d love to thank you personally to show our appreciation, as well as keeping you up to date with how gifts in wills are helping us make an impact in the engineering community (you can update your contact preferences any time by clicking here).
To talk to us about leaving us a gift in your will, get in touch with us at [email protected].