Types of legacies

There are several types of legacies: pecuniary; residuary; specific and a codicil.

Pecuniary

A gift of a specific amount of money.

Residuary

A share in the rest of your assets that you have not already given to your family and friends.

Specific

A gift of a specific item.

A codicil

If you have already made a will and you wish to give a gift to Concern, you will need to prepare a new will, or ask your solicitor to add a codicil (addition) in a similar way to the original will. A codicil needs to be witnessed and signed in the same way as the original will, and should be kept in the same place as the original will.

For more information about legacies please contact Kevin Byrne: kevin.byrne@concern.net or phone ++ 353 1 417 7709.