How do I leave a gift to Mountbatten Hampshire? Expand To leave a gift to Mountbatten Hampshire in your Will you'll need to include our name, address and registered charity number. Name: Countess Mountbatten Hospice Address: Botley Road, West End, Southampton, SO30 3JB Registered charity number: 1123304 Any gifts left to other charities will not support the work of Mountbatten Hampshire or directly benefit people across Southampton and Hampshire accessing our end of life care services.
What types of gift can I leave? Expand There are three types of gift (called a "legacy") you can leave to us: Residuary Legacy – a gift of the remainder of your estate, or a percentage, after all other legacies and any debts cleared. Residuary legacies keep pace with inflation and are an effective way to divide the value of an estate between a number of people and causes. Pecuniary Legacy – Leaving a fixed sum of money in your will. It is worth noting pecuniary gifts can devalue over time due to inflation, so it is worth reviewing your will regularly. Specific Legacy – You can choose to leave property or specific items in your will such as art, jewellery, furniture or stocks and shares.
How do I write a Will? Expand Many people put off writing their Will as they expect it to be complicated. However, in reality, it is relatively simple and a legal adviser can guide you through the process. You can write your own will or ask a legal advisor such as a solicitor or Will writing service to draft it for you. This is the safer option as they can answer your questions, provide advice and will know the correct legal wording to use. Before you begin, you will need to: Make a list of everything you own – including property, money, shares, investments, life insurance policies, and all your valuables and possessions Work out the value of these assets Decide who should benefit from your estate, e.g. family, friends, charities Decide who to appoint as your executor(s), i.e. the people who will administer your estate
Do I need to tell you I have left a gift to Mountbatten Hampshire? Expand That's up to you. Of course we'll be delighted to hear from you - it'll allow us to thank you and helps us plan for the future. To let us know about a gift, please call us or email us. Any information you give us will be kept in strict confidence and you can change your mind at any time.
I already have a Will - how do I change it to leave a gift to you? Expand If you want to leave a gift but you’ve already made a Will, that’s no problem – there are a couple of ways you can change it. 1. Write a new Will The simplest way is to write a new Will. Once written, any Wills made by that person in the past become void. In fact, most Wills will start by reciting that you’re writing a Will and that you’re revoking previous Wills. 2. Codicils The other way is to write a codicil, which is a document used to make changes to an existing Will. It’s used as a way to make simple amendments like adding a charity, changing a gift amount or adding an executor. This is all quite straightforward but problems can occur if you ever want to cancel the Will in the future. When you cancel a Will that contains a codicil, the codicil does not get canceled automatically, so when you write a new Will it can create inconsistencies and legal problems. To avoid this, make sure that any new Will clearly states that you are revoking all Wills and codicils previously made. You can write a new Will or write a codicil with a professional advisor.
I am not wealthy - is writing a Will worth it? Expand Making a Will is the best way to ensure that your wishes are carried out after your death and your property, money and possessions go to the people and organisations that matter to you. You don't need to be rich to leave a gift to charity in your Will. Leaving just a small percentage (called a residuary legacy) to us in your Will goes a long way. These gifts are inflation proof and exempt from inheritance tax. People often find they can afford to be more generous in a Will than in their lifetime. No matter the size or amount, your gift will contribute to supporting local people in the last years of their life.
Will my gift be subject to tax? Expand Most gifts you leave to Mountbatten Hampshire are exempt from tax. We usually receive the full amount. Your gift may also bring the total value of your estate below the Inheritance Tax threshold. We recommend you talk to a solicitor for more details on tax exemptions and benefits.
Can I have a say in how you use my gift? Expand We understand that you may want to leave a gift to a particular service close to your heart - and you're entitled to do this. However, we encourage gifts left to us to be unrestricted. We're then free to use the money where it is most needed at the time.
I've left a gift to Mountbatten Hampshire in my Will, but my circumstances have changed. Can I change my mind? Expand Yes you can. A Will is a very personal document that reflects your final wishes. You are free to change your mind at any time.