Are there different types of Wills? Most legacy gifts are for general purpose which allows your chosen cause to use the funds where they are most needed. You can specify an amount of money, known as a Pecuniary Bequest, or a share of what is left over after all your wishes have been carried out, known as a Residuary Bequest. If you die without a signed Will in place, you die intestate – this situation can cause added stress to your loved ones, as well as having financial cost implications. Manage Cookie Preferences