Suggested wording for pecuniary and residuary legacies
Suggested wording for leaving a pecuniary or residuary legacy to the University of Leeds in your will.
Pecuniary legacy
I give to the University of Leeds of Woodhouse Lane, Leeds, LS2 9JT the sum of £ [insert amount]
(a) for its general purposes
or
(b) for its general purposes but with a request, without creating any binding obligation, that this gift is applied to the University for the purposes of [please specify purposes].
The receipt of a person who appears to be a proper officer of the University of Leeds shall be sufficient discharge to my executors and trustees, who shall not be required to enquire as to the application of the said sum.
Index-linked pecuniary legacy
I give to the University of Leeds of Woodhouse Lane, Leeds, LS2 9JT
(a) the sum of [state the amount in figures and in words and state if it is in a currency other than £ Sterling] and I declare that this legacy shall be increased by simple interest of 3% per annum from the date of execution of my will until the date of my death.
or
(b) such sum [“the legacy”] as shall be produced by multiplying [insert amount in figures] pounds by the index figure in the Retail Prices Index for the month immediately preceding my death and dividing the product by the index figure for the month in which my will is executed provided that if the Retail Prices Index shall have been replaced by another official index or the basis of computation of the Retail Prices Index or such other index shall have been altered then my executors shall have absolute discretion to determine the amount of the legacy in accordance with a formula as seems to them just and reasonable in the circumstances.
(a) for its general purposes.
or
(b) for its general purposes but with a request, without creating any binding obligation, that this gift is applied to the University for the purposes of [please specify purposes].
The receipt of a person who appears to be a proper officer of the University of Leeds shall be sufficient discharge to my executors and trustees, who shall not be required to enquire as to the application of the said sum.
Residuary legacy
I give to the University of Leeds of Woodhouse Lane, Leeds, LS2 9JT [insert percentage] per cent of my residuary estate
(a) for its general purposes.
or
(b) for its general purposes but with a request, without creating any binding obligation, that this gift is applied to the University for the purposes of [please specify purposes].
The receipt of a person who appears to be a proper officer of the University of Leeds shall be sufficient discharge to my executors and trustees, who shall not be required to enquire as to the application of the said sum.