Why legacy gifts are so important?
Thanks to the kindness of people who have left legacy gifts in the past, local children and adults receive the best end-of-life care from our caring nurses. At such difficult times, people are touched by the compassion and skills of the Rennie Grove Hospice Care team and by remembering Rennie Grove in your Will, this will be a significant way of supporting us.
Please, will you care for your community of tomorrow - and consider leaving a gift in your Will today? Every single gift is vital for our future care.
Why make a Will?
Making a Will is the best way to ensure that your family and friends have what they need when you can no longer be there for them. Your Will tells everyone what should happen to your money, possessions and property after you die (all these things together are called your 'estate'). When people make their Wills many take the opportunity to make a gift to charity and a gift in your Will is another way for you to support Rennie Grove.
Watch our video on the importance of having a Will, featuring IBB Solicitors here.
You can make a lasting difference with a gift in your Will to Rennie Grove
One in three of our experienced, caring nurses have been funded by gifts in Wills.
Thanks to the kindness of people who have left legacy gifts in the past, local adults and children in our local community have access to our day services and receive the best
end-of-life care in their own homes. Remembering Rennie Grove in your Will is a significant way of supporting us. We rely on the kindness of people like you to ensure this unique level of care is available to local people, when they need it, now and in the future.
How a gift can help to reduce Inheritance Tax
Gifts left to charities are generally completely free of Inheritance Tax and, in some circumstances, by leaving a charitable gift to Rennie Grove you may even reduce the amount of Inheritance Tax your loved ones are liable for.
Inheritance Tax is payable when the assets of your estate, once all debts have been deducted, are worth over £325,000 for an individual, or £650,000 for a married couple. If you leave 10% or more of your estate to charity, if any inheritance tax is due, a reduced rate of 36%, rather than 40%, may apply.
How do I go about making a Will?
We’ve put together four simple steps you could follow. If you’d like to plan in more detail before you meet with a solicitor, then download our Will-writing worksheet.
1. How much? Work out the approximate value of your estate: the total sum of all your property, money and possessions.
2. Who? Think about who you’d like to include in your Will: family, friends, charities or good causes. Also consider who you might like to appoint as your executors: the people who’ll ensure your Will is carried out as requested.
3. What type of gift will I leave? If you’d like to make a gift in your Will, decide how you’d like to do this. You can choose between:
- residuary – leaving a share of your estate is what remains once other gifts and payments have been made. You can choose to give any percentage. This is popular because it takes care of your loved ones first and is not devalued by inflation.
- pecuniary – leaving a fixed sum of money
- specific – is a particular named item, for example, a piece of jewellery, paintings, antiques
4. What to say? Your solicitor will make sure that the wording of your Will is accurate and legally correct. For more detailed advice on suggested wording for gifts in Wills, download our Will-writing worksheet.
How do I make sure my gift will go to
All you need to do is give your solicitor our charity name, registered office address and registered charity number:
Rennie Grove Hospice Care
Registered Office: Grove House,Waverley Road, St Albans, Herts AL3 5QX
Registered Charity No. 1140386
If you'd like confidential advice about leaving a gift in your Will to Rennie Grove Hospice Care, please contact our Gifts in Wills team using the details below.