Can you make a difference by leaving a legacy to the College?
Help make our operation a success by choosing to leave a gift in your will to The Royal College of Surgeons of England. As a charity, the College continues to strive to make significant progress and breakthroughs in the world of surgery. We rely on the support we receive in the form of legacy gifts from people who share in our aims and concerns.
Past legacies have enabled us to purchase essential equipment and support a range of projects in and . If you wish, your legacy can be used in a particular area of surgical healthcare that has been of interest or concern to you, or you can leave an unspecified gift which will allow us to direct funds to areas of particular need or priority.
The Michael M Brown Legacy
Mr Shahid Farid MRCS was able to undertake reserarch into bile duct cancer at St James University Hospital thanks in part to this pecuniary legacy of £1,000 gifted in support of the Surgical Research Fund.
Types of legacy
There are several different kinds of gifts you can leave in your will. The most common are described below.
Leave a share of your estate
You may wish to leave us all or part of what is left of your estate after other gifts and debts have been paid. This type of gift (known as a residuary bequest) is easy to add to an existing will without interfering with any specific sums you have left to family or friends. It also has the advantage that it will not be eroded in value by inflation over the years.
Leave a fixed sum of money
You may wish to leave us a stated sum of money. With this kind of gift (known as a pecuniary bequest), it is wise to remember that the value of money changes over the years, and you may need to alter your will periodically to keep up with inflation.
Leave a specific item of value
You may wish to leave us a particular item (known as a specific bequest), which can be sold to support the College’s aims. It could be property, or an item of value such as an antique or a piece of jewellery.
Donations in memory
You may wish to specify that if friends/relatives make a donation in your memory that it should be to The Royal College of Surgeons of England.
The Anna Galeski legacy
A pecuniary legacy of £50,000 from the late Ms Anna Galeski in memory of her father established the Stefan Galeski Fellowship Fund to support the overseas travelling expenses of promising surgical trainees. This year grants were awarded to Miss Mekhola Mallik and Miss Julia Blackburn to take part in training workshops in Brazil and Peru.
Create a will
Without a will…
- The law dictates the distribution of your estate. Your possessions may not pass entirely to your next of kin or spouse, but may be divided among relatives you didn’t intend to benefit.
- If you die without a will and any surviving relatives, the government will take everything that you own.
- This may cause unnecessary worry and delay for your family in settling your estate.
If you make a will…
- You may well be able to spare your family the burden of inheritance tax.
- You can never take for granted that your wishes will be carried out after your death. Only by making a will can you ensure that your wishes are legally binding.
When making your will there are several things to be considered:
- Making a list of your assets
- Thinking about the way in which you want to divide your estate
- Thinking about who to appoint as executor
Update your will
It's vital to review your Will regularly to ensure that it reflects your current wishes and circumstances. For instance, you may need to change your will if you have got married, divorced, moved house or there has been a death of a friend or family member.
How can we help you to help us?
If you would like further information on how to go about leaving a bequest please email email@example.com or alternatively call us on 020 7869 6086 and we will be only to happy to assist with your enquiry.
The Royal College of Surgeons of England would advise that anyone making or updating a will should get in touch with a practicing solicitor who can help you to do this.
The May Gertrude Pearce legacy
A residuary legacy of £15,028 for heart surgery from the estate of the late Mrs May Pearce of Southampton enabled us to award a research grant to Miss Alia Noorani MRCS to study ‘False lumen haemodynamics in aortic dissection' at the Department of Biomedical Engineering, St Thomas' Hospital, King's College London.