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Leave us a gift in your will

A gift pledged in your Will now can help secure our tomorrows.

Have you considered leaving behind a gift to charity? Only 5% of the total population of Britain have, yet legacies are the largest single source of charitable income.

At Ashgate Hospice, we rely hugely on legacies to ensure that we can continue to provide our valuable caring services to local people and their families.

Here are some of the different types of legacy. If you would like to know more about leaving a gift to Ashgate Hospice in your Will, please contact Joanne Edwards on 01246 568801. We would love to hear from you. Thank you.

Residuary
A residuary legacy is the gift of the remainder of your estate (or a percentage of the remainder) after all other gifts have been distributed to your loved ones and all outgoings and legal bills have been paid. This type of legacy is a very simple way to make sure all your loved ones are provided for as well as leaving a much-needed gift to support your favorite cause.

Pecuniary
A pecuniary legacy is a gift of a fixed sum of money. Pecuniary legacies tend to decrease in value over time due to rises in inflation and so need to be reviewed regularly. Alternatively they can be index-linked to protect their value. You will need to discuss this with your solicitor.

Specific
A specific legacy means a particular item has been left in your Will such as stocks and shares, property, life insurance policies and jewellery.

Reversionary
A reversionary legacy allows you to leave your estate to a loved one for their enjoyment during their lifetime with the condition that it passes onto another specified beneficiary, such as a charity, upon their death.

Making your will - our step by step guide
  • 1. List your assets
    Make a list of all the valuable items you own, for example your house and its contents, any vehicles and leisure items or valuable jewellery or art. Then write down all your financial assets (bank accounts and shares etc) and any debts you may have, like your mortgage for example.
  • 2. Decide what gifts you wish to leave
    Note down the names and addresses of everyone you would like to include in your Will, and what you would like to leave them. You may also like to support Ashgate Hospice in your Will.
  • 3. Appoint two executors
    Executors are the people who make sure your final wishes are carried out. One could be a relative or close friend, the other perhaps the family solicitor or bank manager.
  • 4. Go to see your solicitor


Already have a Will?
By making your Will you have already taken the step to ensure that your loved ones are cared for.
By adding a legacy to Ashgate Hospice to your Will, you are also ensuring the.
To add a legacy bequest to Ashgate Hospice to your Will, there are a few things you will need to do:
  • Decide what sort of gift you would like to leave to the Hospice
  • Get an appointment to see your solicitor
  • Tell them you would like to make a codicil, (an addendum to your Will) to include a legacy to Ashgate Hospice
Updating your Will
You might also like to consider making other updates to your Will at the same time. All Wills need regularly updating as ones circumstances change, for example, there may have been additions to your family since you made your original Will, or one of your beneficiaries may have passed away.

Haven't made your Will yet?
Statistics show that as many as seven out of ten people never make a Will. Unfortunately this can have serious effects on your family and loved ones, as your estate will be divided according to law. This can be a lengthy procedure, and the legal costs will far exceed those of making a Will.

There are many advantages to making a Will:
  • You can ensure that those to whom you want to leave possessions and money will receive it. This can include remembering lifelong friends and making sure that a certain painting gets to your favourite nephew or niece
  • You may be able to reduce the amount of inheritance tax that your beneficiaries will have to pay on your estate. Discuss this with your solicitor
  • By leaving a legacy to a charity, such as Ashgate Hospice, every penny you donate goes to a good cause
And making a simple Will can cost as little as £50 and could only take about an hour with your solicitor.

Call us now on 01246 567250 if you would like to
discuss this further with someone from Ashgate in person.