Leaving a gift in your Will

Making a Will is one of the most important things you can do making it easier for your family or friends to sort out your affairs and ensuring your estate will be shared according to your wishes. The consequences of dying without a Will may include increased costs to your Estate, delay in gathering in and paying out of funds, owing more in tax than necessary and your intended beneficiaries getting nothing or not as much as you intended.

How do I make a Will?

Making a Will is often a simple and inexpensive process costing between £100 and £300. As a legal document, it’s important to get the wording right so we recommend you consult a solicitor or professional Will writer. They can also advise on the most tax-efficient ways to administer your estate.  If you need help finding a solicitor, the Law Society of Scotland or Law Society can help. You can also contact us for suggestions of Glasgow based solicitors.


What impact would you like your gift to have?

Gifts in Wills enrich all aspects of the University, enabling those who benefit to do exceptional things. For future students your gift could be key to removing financial barriers to success or supporting new opportunities and challenges.  Other gifts can have impact in perpetuity, allowing research and teaching to flourish.

We are happy to answer your questions about gifts in Wills in general and would be delighted to provide further information on any area you wish to support and advise on the wording for your gift.


What type of gift would you wish to make?

A percentage or share of your estate. For example you could leave a 1/5 share or 10% of your total wealth. This is known as a residuary gift.

A lump sum. For example you might wish to give a fixed sum of money like £1,000, £5,000 or £10,000. This is known as a pecuniary gift.

A valuable item. For example you can gift property, antiques or shares to the University. This is known as a specific gift.
Other assets. You can also make the University the beneficiary of a life insurance policy, company benefit or pension fund.
Variation of Will. Many families choose to make a variation of Will from their share of the estate, perhaps to make a gift in memory of their loved one or to reduce tax liability.

Other assets. You can also make the University the beneficiary of a life insurance policy, company benefit or pension fund.

Variation of Will. Many families choose to make a variation of Will from their share of the estate, perhaps to make a gift in memory of their loved one or to reduce tax liability.