Leave a gift in your will
Make a difference
If helping others in our local community through difficult times is something you care about, please remember us when you come to making or updating your will.
Over the years, the gifts that people have left to us in their wills have helped us recruit more nurses, set up and equip our Inpatient Unit and train staff to offer the best possible care when people need it the most.
Every day, it costs us £13,600 to deliver our free services.
By leaving a gift in your will to care for future generations you will be making a real difference, enabling us to continue caring for patients with life-limiting illnesses, their families and carers – thank you. Your legacy is our future.
See below for more information
Although we cannot provide legal advice, we are more than happy to speak to you about any queries or concerns around the making of your will and any gift to Peace Hospice Care.
You can contact us and speak to someone in strictest confidence. Please call us on 01923 330 349 or email: email@example.com
Free Wills Month - April 2020
We are delighted to be working with Bottrills Solicitors, Watford, as part of our Free Wills Month. Bottrills have very kindly donated their expertise and time to help our supporters with making a new Will and updating or reviewing an existing one for free. Find out more here.
Your legacy is our future
Making a will ensures that your wishes are carried out on your death. If you don't have a valid will, your estate will be distributed as directed by the rules of intestacy, which may not meet your needs or those of your family. For more information on the financial reasons to make a will, see the Gov.uk website
How to find a solicitor
It is important to get independent advice from a solicitor when making or updating your will. To find a solicitor in your area, visit The Law Society Website.
Things to consider before meeting with a solicitor:
- Start by calculating the value of your estate - see below for more information
- Think about who you would like to include as beneficiaries in your will
- Think about who you would like to have guardianship of your children if relevant
- Decide who you would like to be executors of the will; people you trust to ensure that your wishes are carried out
- Think about whether you would like to leave a gift to your favourite charity or charities
If you an unfamiliar with legal terminology, our Glossary of legal terms may help, see below.
Updating your will
It's important to update your will if your circumstances or priorities change. Sometimes you just need to add a codicil to make small changes or additions.
Keeping your will safe
It's sensible to leave the original with your solicitor or in another safe place such as your bank. Keep a copy at home and make sure your executors know where to find it.
Before writing your will it is helpful to calculate the value of your assets, minus any liabilities, and identify the true value of your estate.
• Your home (current market value)
• Other properties, either in the UK or abroad
• Money - in the bank, in building society accounts, in National Savings or in Premium Bonds
• Any money you are owed
• Business assets (including shares in private companies)
• Life insurance
• Pensions (lump sums payable on death)
• Your car, motorbike, caravan, boat etc
• The contents of your house
• Any other possessions
• Other assets passing as a result of your death
Take the total of all these assets - this is Total A.
What you owe:
• Your outstanding mortgage
• Your overdraft
• Any loans
• Any other debts
Take the total of all these debts - this is Total B.
The value of your estate is Total A minus Total B.
We are so grateful to everyone who chooses to leave us a gift in their will. These gifts are incredibly important to us and mean that we can keep providing vital services to those that need them.
Types of legacy
There are three types of gifts you could leave to Peace Hospice Care:
- Residuary Gift - a portion, or the entirety, of everything that remains after other specific gifts, expenses and taxes have been paid.
- Pecuniary Gift - a gift of a set amount of money. Speak to your solicitor about index-linking the gift to maintain its value in the future.
- Specific Gift - a specific item, such as a piece of furniture or jewellery.
We have sample legacy clauses which you can use, along with your solicitor, to state your wishes clearly. We also have a sample codicil which can be used to add a gift to an existing will.
Whichever type of gift you choose to leave; you must include our name, address and charity number to ensure that the legacy is valid:
Peace Hospice Care, Peace Drive, Watford, WD17 3PH
Registered Charity Number: 1002878
Informing the Hospice about your intentions
If you have chosen to leave a gift to Peace Hospice Care in your will then thank you, from all of us. You don't have to tell us about your decision, but we would like the opportunity to thank you personally and would love to hear from you if you have chosen to support us in this way.
If you would like to let us know about your gift, or discuss any aspect of charitable bequests, contact Charlotte Richardson on 01923 330349 or firstname.lastname@example.org Alternatively, you can write to us at the address above.
If you are unfamiliar with the legal terms used in will writing, you may find the following useful:
- Will - a legally binding document which details your wishes and sets out how your estate will be distributed on your death.
- Codicil - a legally binding document which can be appended to your main will and facilitates minor changes and amendments. Significant changes may require a re-write of the main will.
- Executor - a person you choose to carry out the terms of your will. It is sensible to have two executors in place, in case one of them dies before you do. Anyone over the age of 18 can be an executor, and you can choose a friend or family member or a professional executor, e.g. a solicitor or accountant.
- Beneficiary - a person or charity that will benefit from your will.
- Bequest - a gift, otherwise known as a legacy.
- Estate - all your possessions, including property and money.
- Intestacy - dying without leaving a will (or leaving a will that has been declared invalid for whatever reason.)
- Life Interest Legacy - also known as a reversionary legacy or an interest in remainder. This is a legacy leaving an interest in property for the duration of a beneficiary's lifetime, which passes to another beneficiary on the former's death.
- Conditional Legacy - a gift that relies on a certain condition being met, e.g. a family member predeceasing you.
- Inheritance tax - tax paid on the portion of your estate that is above the nil-rate threshold.
- Residue - what is left of your estate after outstanding debts and taxes are paid and any pecuniary of specific bequests have been distributed.
Draw up a will online in just 30 minutes and for as little as £90 with Kwil.
We know how important it is to have a will, and how overwhelming the thought of doing it can be. We have partnered with Kwil to give you the opportunity to fortify your family's future, whilst also supporting the Hospice.
Kwil will donate 50% of each sale made back to the Hospice, so you can tick something off the to-do list and also make a gift to sustain Hospice care for the future.
For more information, please click here.
Penny Gower's Story
Penny talks about the impact the Hospice has had on her life.
Penny talks about the impact the Hospice has had on her life.
Fundraising and events
We have a range of charity fundraising events, with some great new events this year. So, get involved.
We have a range of charity fundraising events, with …