If you decide to leave a legacy, please remember that you will never be under any lasting obligation. You can change your Will at any time.
The Museum seeks to use its collections to tell the fascinating and complex story of the army and to provide lifelong learning opportunities to audiences of all ages, placing learning at the heart of what we do. We are committed to producing displays, activities and services that meet audiences needs and exceed their expectations. The collections underpin all the communication, learning and participation outcomes of the Museum.
Supporters who have kindly notified us of their intention to leave a legacy will be invited to join our Legacy Circle, this will help us to remain in contact with you on an occasional basis with news and invitations from the Museum.
A National Army Museum Tribute Fund is a lasting way to remember someone special to you or your family. A Tribute Fund is named after the person who has died and becomes a permanent memorial to them. This may be especially relevant to the families of British Army veterans. Friends and family can contribute to the fund as they wish, and the money from it will be used to support the work of the National Army Museum in memory of the individual.
Gifts to charity are generally exempt from all Inheritance Tax, Capital Gains Tax and Income Tax, so the full value of your gift will go straight to help our work.
We aim to use our Collection to tell the ongoing story of the Army and to reconnect the Army with society. To achieve this we need to make the objects in the Museum's care accessible in ways that inspire, provide enjoyment, and provoke questions from diverse audiences. We rely on our supporters to help us turn this mission into a reality.
Gifts from our supporters have never been more important to us. Your gift can help us safeguard the heritage of the British Army for the benefit of generations to come.
We will always do our best to meet your wishes. If you want your legacy to be put towards a specific area of the Museum, we will certainly look at how this might be achieved. There will be opportunities to sponsor individual galleries as well as many other rooms and spaces within the Museum. You can also support the Museum's activities, for example our work with schools or outreach projects.
It can be quick and easy to make a Will, but it is important to involve a legal professional to draw it up for you. If all the legal formalities are not correctly followed your Will could be declared invalid.
There are a number of ways to leave a legacy. It could be a gift of money, a share of your estate or specific items of property. If you already have a Will, your wishes can be put into effect by a simple amendment: a codicil. Leaving even a small percentage of your estate is one of the best ways to help the Museum.
There are different kinds of gift you can leave in your Will. The most common are:
Residuary legacy: A gift of all or part of your net estate (what remains after all taxes, specific gifts and the cost of administering the estate have been paid). This type of legacy should be expressed as a percentage or share of your estate.
Pecuniary legacy: A fixed sum of money. It is worth bearing in mind that inflation can erode the value of pecuniary legacies, so it is worth reviewing your Will on a regular basis, whether or not your circumstances change.
Specific legacy: A gift of a specific item or asset such as shares or jewellery.
Residuary legacy: 'I give to the National Army Museum of Royal Hospital Road, Chelsea, London SW3 4HT Registered Charity Number 237902 __% of the residue of my estate to be used by the Museum at its discretion and the receipt of the Director General or the proper officer for the time being of the National Army Museum shall be a complete discharge to my Executors.'
Pecuniary legacy: 'I give to the National Army Museum of Royal Hospital Road, Chelsea, London SW3 4HT Registered Charity Number 237902 the sum of £__ to be used by the Museum at its discretion and the receipt of the Director General or the proper officer for the time being of the National Army Museum shall be a complete discharge to my Executors.'
For more details, please telephone 0207 881 2494.