Leaving a Charitable Donation in your Will

Leaving Money to a Charity in Your Will

Leaving a gift in your Will to St Leonard’s Hospice will support local families when they need it most. Your gift will help patients to live their lives as normally as possible - perhaps visiting favourite places, playing with a grandchild, sitting in the sunshine, enjoying being at home.

It will fund the physiotherapist who gives a patient the confidence to walk again. It will pay the nurse who brings hospice care into a patient’s own home and allows a wife or husband to stop being a ‘carer’ and return to being a loving partner. It will provide bereavement counselling to a son, a daughter, a brother, a friend.

Being pain free and comfortable means patients can focus on life and loved ones. The gifts supporters leave St Leonard’s in their Wills care for one in four patients. These people are not strangers but people we know, who live in our neighbourhoods.

Gifts in Wills are vital to fund our work. Help support more final days, weeks and months by considering a Gift in your Will to St Leonard’s Hospice today.

What type of gift can I leave?

Anything you can leave to St Leonard’s will have a huge impact. Even 1% of your estate can help ensure St Leonard’s is always here for the local people who need our special care.

There are five types of gift to consider:

A residuary gift: this is a share of your estate ie a percentage of what is left after any taxes or costs have been subtracted. As this gift is a percentage of your estate you don’t need to worry if your financial situation changes. It will keep its value over time.

A pecuniary gift: is a fixed sum of money eg £1,000 and is also known as a cash gift. It is a good idea to review pecuniary gifts regularly as their value can be lessened with inflation and turn out to be less generous than you intended.
A specific gift: these are items such as a property, stocks and shares or other valuables like jewellery or paintings.

A reversionary gift: allows you to provide for a loved one during their lifetime e.g. giving them the use of a house. After their death the asset is then passed to another, specified beneficiary.

A contingent gift: is a gift in your Will that depends on the occurrence of an event which may or may not happen.
If you do decide to include St Leonard’s Hospice in your Will remember to include our full name (St Leonard’s Hospice), address (185 Tadcaster Road, York, YO24 1GL) and Registered Charity Number (509294)

Are there any inheritance tax benefits of leaving a charitable donation in my Will? 

A gift in your Will to any charity is not subject to Inheritance Tax (IHT). By remembering St Leonard’s Hospice in your Will you may be able to reduce the taxable value of your assets and so lower the amount of inheritance tax due on your estate. Additionally, if you leave 10% or more of your estate to charity, you will be taxed at a lower rate (36% instead of 40%).

Your solicitor can advise you on current legislation and the best way to ensure your Will is tax efficient.

Do I need to let St Leonard’s Hospice know if I decide to include the charity in my Will?

You don’t need to tell us, but if you feel comfortable sharing your intentions we’d love the chance to thank you. If you’re interested, we can keep you up to date with how gifts such as yours are helping local people and also invite you to special events from time to time.

Can I only leave a gift to St Leonard’s if I have a large estate?

Gifts of any size make an impact on the lives of patients. No matter how large or small all donations are vitally important and truly appreciated.

How will my gift help?

St Leonard’s cares for people with serious life-limiting illnesses such as cancer, motor neurone disease, heart failure, multiple sclerosis and chronic lung disease, treating any adult over the age of 18. Our approach to care is holistic, centred on the needs of the individual patient and making the most of the life left to be lived, right to the very end.

All gifts, whether they are large or small, fund patient care for people that need vital support and the people that love them, so they can make precious memories when time is short.

Can I speak to someone at St Leonard’s about leaving a gift in my Will?

If you would like this information in an alternative format, or if you have any questions or would like to talk anything over, please don’t hesitate to call the Fundraising Office on 01904 777 777 or email legacies@stleonardshospice.nhs.uk.

Alternatively you can download our leaflet on 'Preparing to make a Will' here.