Wills and Legacy
Gifts and Legacies
Writing a Will is one of the most important decisions you will make and we appreciate that it is very personal. However, should you wish to leave a legacy to The B17 Steam Locomotive Trust, please be assured that any gift, irrespective of size, is vitally important to the Trust and it will be used wisely to ensure the long term future of the project. This is our commitment to you.
As The B17 Steam Locomotive Trust is a registered charity, legacy gifts and donations will also be free of inheritance tax.
What sort of legacy could I leave?
A residual legacy is a percentage of all what remains after your expenses and other legacies have been paid. A residual legacy is the best way to benefit the Trust because it is unlikely to be affected by inflation. Using this method, you can be sure that your gift is always within your means, whatever your financial situation in later life. Alternatively, you may wish to consider a pecuniary legacy - a gift of a specific sum of money - or a specific legacy, such as a house, share value, railway artefacts, books or photographs.
You may wish to relate any of these to funding a specific component or task. However, choosing to make an unrestricted gift will enable the Trust to direct funding to areas of greatest need, which will change as the project progresses.
Income sources generated by donations and legacies are vitally important to our future financial well- being. These will permit us to continue with locomotive development and construction activities that would otherwise be difficult to achieve.
In Memoriam
Making a donation to The B17 Steam Locomotive Trust in memory of someone special is a wonderful way to ensure that their memory lives on, whilst supporting interests that were important to them. At your request, the Trust can set up a ‘Living Memory Fund’ in your loved one’s name, which friends and family can make contributions to. A great comfort at a time of loss, a living memory fund celebrates a life, whilst helping to ensure the future of the project.
