Here are some of the things supporters often ask us about leaving a gift in their Will. If you have anything else you’d like to ask us about, please feel free to contact our legacy manager David James by calling 023 8120 8881 or emailing firstname.lastname@example.org
Can I write my own Will?
We would always recommend using a solicitor, or similarly qualified alternative professional, to draw up your Will. They’ll be able to take you through every step of the process and advise you on the correct wording to make sure all your wishes are expressed clearly.
What kinds of gifts can I leave in my Will?
There are three kinds of gifts you can leave in your Will. A pecuniary legacy is a fixed amount of money. A specific gift means a particular item, such as a piece of jewellery. And a residuary gift is made from the remainder of your estate after your debts have been taken care of and any other specified gifts to your loved ones have been made.
Is there a minimum amount I need to be able to leave in my Will?
No. We know that everyone’s circumstances are different and are incredibly grateful for anything you choose to donate. Gifts of all shapes and sizes make an enormous difference to our work.
Could leaving a gift in my Will to charity reduce my inheritance tax liability?
Yes. If your estate is above the inheritance tax (IHT) threshold, and you leave at least 10% of your estate to a charity, this will reduce your overall IHT liability from 40% to 36%. We recommend discussing all IHT matters with your solicitor or Willmaker.
What details should I use to include Southampton Hospitals Charity in my Will?
Our registered Charity number is 1051543 and our registered address is as follows:
Southampton Hospitals Charity
Mailpoint 135, Southampton General Hospital
Southampton, SO16 6YD