Leaving a Legacy to SCM

Leave a legacy of action

A legacy is a gift of personal property specified in your will to people and causes that are important to you. It is something that you will be remembered for when you are no longer with us.

Recently, a legacy has enabled us to launch the SCM Connect project, which aims to prepare young people for the transition to university life and puts them in contact  with SCM groups and Link Churches in their university town or city. Past legacies have contributed to expanding the website and creating a digital space for students to find out about SCM, and towards high-quality training events preparing attendees to become the leaders of tomorrow.

By leaving a legacy to SCM, you will be giving future generations of students the opportunity to be part of an inclusive Christian community that will enable them to explore 

and deepen their faith and work towards a socially just world. Whatever amount is left to SCM, you can be assured it will be converted into action!

If this is something you would like to think about, please download our Leaving a Legacy leaflet or contact our Fundraising team.

If you do decide to include SCM in your will, please do let us know! This will enable us to plan better for the future and thank you properly, keeping you up-to-date about all of the exciting work that SCM is doing with students across the country.

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Here are some answers to some Frequentley Asked Questions to do with Legacies and Wills.

Why should I leave a gift to SCM? First of all, creating a will ensures that your wishes are carried out and that family and loved ones are provided for. If you believe that every student should have the opportunity to find a vibrant, open and inclusive Christian community at University.  Your gifts make a vital difference to the lives of our students!
How do I make a Will? Many people will consult with a solicitor specialising in wills or a legal advisor who will explain the process. You may wish to contact solicitors to get information about fees beforehand.
I've already written a will - can I change it? If you already have a will and want to add a gift, ask your solicitor or legal advisor to add a 'codicil' (a simple legal addition to your existing will). If you wish to make more extensive changes, you should seek further advice from your solicitor.
How can I protect my loved ones? You need to decide who your beneficiaries will be before meeting your solictor. Your first consideration may be your family and any special firends, and then you may choose to leave a gift to SCM and other charities.
Does tax apply to legacies given to Charities? No, all gifts left to charities are exempt from Inheritance Tax. Your solicitor or legal advice will provide you with furthur advice.
What types of legacy are there? The three most common types of legacy gift are: 

Residual Legacy - This is a gift of part of your estate, once all the debts, costs, and other bequests have been settled. It is not eroded by inflation.

Pecuniary Legacy - This is a gift of a fixed sum of money specified in your will as a gift to a recipient.

Specific Legacy - This is a gift of a specific item, such as a painting, land or shares.
What are the legal words I need to use? It depends on your gift, which your solicitor or legal advisor can assist you with. An example of a residual bequest would be:

"I give XX% of the residue of my real and personal estate to The Student Christian Movement, registered charity number 1125640, Grays Court, 3 Nursery Road, Edgbaston, Birmingham, B15 3JX, and I direct that the receipt of the treasurer or other proper officershall be a full and sufficient discharge to my executors."