Leave a gift in your Will
A vital source of charitable income to maintain and operate Waverley derives from legacies. All gifts, whether large or small, are valuable in helping to keep Waverley’s paddles turning.
By leaving a gift in your Will, you can help ensure that Waverley continues to sail on for many more years to come.
Why remember Waverley in your Will?
The income from passenger fares, catering and shop sales covers the day-to-day operational costs for Waverley and some of the annual maintenance and renewal costs. However, the operational revenue does not generate enough income to carry out all of our annual winter maintenance or fund renewal projects.
Throughout Waverley’s preservation career there has been a heroic struggle to keep her in service. Waverley has been fortunate in benefiting from legacy income in recent years and this has allowed us to continue to maintain and operate the ship.
The work to maintain Waverley in operation is never finished, however you can help ensure that future generations have the opportunity to enjoy the unique experience of sailing on a seagoing paddle steamer by leaving a gift in your Will to Waverley Steam Navigation Co. Ltd., the registered charity which owns the ship.
Legacy income has helped finance major work to the ship including the replacement of the rudder stock in 2018, and in meeting annual winter refit costs.
How do I leave a legacy?
It is helpful to consult a solicitor when first preparing a Will. There are two types of legacy:
- Pecuniary – a specific sum
- Residuary – the whole or part of an estate after specific gifts have been made.
Alternatively, you can also leave a specific gift, an item of value which could be sold for the benefit of Waverley’s charity or future benefit to Waverley such as property or shares.
If you have already made a Will, it is recommended that you review it at least every five years and after a major change in your life to make sure that it always reflects your wishes.
Can I specify what my legacy is used for?
Yes, if you specify a particular purpose for your legacy then the Board will do its upmost to fulfil that intent. However, unrestricted legacies are appreciated because they enable us to target funds where they are most appropriate at any given time.
By leaving a gift in your Will, you will help ensure that Waverley is able to sail on for many more years to come.
If you would like to leave a legacy or gift to Waverley Steam Navigation Co. Ltd., please make sure your solicitor uses the full company name, address and charity number in your Will:- Waverley Steam Navigation Co. Ltd., 36 Lancefield Quay, Glasgow, G3 8HA, a charity registered in Scotland SC005832.
Please contact us directly if you require any assistance with including a legacy for Waverley in your Will.
Waverley Steam Navigation Co. Ltd., 36 Lancefield Quay, Glasgow, G3 8HA, or call 0141 243 2224 or email email@example.com.
We are extremely grateful for every legacy or gift we receive and we always do our upmost to honour the wishes that are made.