How to make a Legacy gift
Making a Will ensures that your wishes are carried out after your death, and that your assets (money and possessions) go where you want them. It also provides you with a unique opportunity to leave a legacy to a worthwhile cause. We recommend that you always consult your solicitor who will be able to advise you in light of your own particular circumstances and wishes. If you are considering a Legacy Gift to Birr Theatre & Arts Centre, there are different gift types that you can consider. For example:
• A Pecuniary Gift - leaving a gift of a specified sum of money. This gift may be a defined figure that does not change with time, or you may instruct your Trustees to take account of the impact of inflation over time.
• A Gift of an Asset - leaving a gift of a property, artwork, jewellery or other assets. Your gift is deemed to be at the price originally paid, creating no tax liability for you. The value to the beneficiary will be at the market value.
• A Residuary Legacy - once all debts, expenses, costs and other legacies have been deducted, you may wish to leave the residue (or part of this residue) to a specified beneficiary.
• A Reversionary Legacy - you may wish to permit a person or people to have access to the value of your estate, until their death(s) at which time the property reverts to the beneficiary. For instance, you may state that a friend lives in your house until their death, when the house will then revert to the beneficiary.
Birr Theatre & Arts Centre Theatre’s Pledge to You
We will always respect and honour your privacy and we appreciate that your will is personal and confidential and we will handle your gift with sensitivity and respect.
A gift in your Will—no matter what size—will make a real difference to Birr Theatre & Arts Centre. We would be delighted to know so that we can thank you, but you are under no obligation to tell us if you would prefer not to.
At any time in the future, you have the absolute right to change your mind about a gift to Birr Theatre & Arts Centre made in your Will, and we appreciate that your family and loved ones must always come first.
If you do decide to share your intentions, we can discuss if and how you would like to be recognised. Allowing us to share your name with Birr Theatre & Arts Centre’s audience may inspire others to make a similar gesture of support. However, we absolutely respect your right to remain anonymous.
You may wish to personalise your Legacy Gift to honour someone or remember someone close to you. We are happy to discuss the most appropriate way of acknowledging your generosity.
If you are considering a Legacy Gift to Birr Theatre & Arts Centre, please contact our Director Emma Nee Haslam at email@example.com.
Birr Theatre & Arts Centre is a not-for-profit-theatre with charitable status Charity Number CHY 20026677. Registered in Ireland. Company Number 272226