| Commentary

144 Residuary gifts

| Commentary

C: GIFTS TO SPECIFIC CHARITIES

144 Residuary gifts

Testators frequently specify the nature and extent of any specific legacies to individual beneficiaries and leave the residue1 to one or more named charities. This has superficial attractions at a time when the value of money is stable and the value of each specific gift is unlikely, therefore, to alter substantially. It is generally less suitable, however, at a time of high inflation or where there is the possibility that the value of the testator’s estate will increase considerably between the date of the will and the date of death.

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