Legacy Giving

Legacy giving is immensely important in sustaining the future of arts in the region. Newlyn Art Gallery & The Exchange, Penlee House Gallery & Museum and the Leach Pottery, all based in West Cornwall, have partnered together as Penwith Legacy Partnership to raise awareness about this.

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Making a will is simple and straightforward and ensures that your wishes are carried out after you pass away. A legacy gift is a charitable donation left in your will. It is important to take professional advice from a solicitor to ensure that your intentions are expressed in the correct legal terms.

UNDERSTANDING THE TERMS

  • A Legacy Gift can be a specific cash sum or items of values such as paintings or artefacts
  • A Residual Bequest is a percentage of your estate and is least affected by inflation
  • A Reversionary Bequest means that the percentage of your estate will only pass to your chosen charity after the death of a spouse or relative, protecting the needs of your loved ones
  • A Codicil is the addition of legacy gifts to an existing will
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WHAT ARE THE TAX BENEFITS?

By giving 10% or more of your net estate to charity you may reduce the rate of Inheritance Tax for your heirs.

For more information view or download Legacy Partnership Leaflet

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If you are considering leaving a legacy to the Leach Pottery, please let us know so that we can acknowledge your gift in your lifetime.

To leave a gift or discuss how you can help support us, please contact:

Libby Buckley, Director
01736 799 703 director@leachpottery.com