Wills, legacies and gifts
Donations, covenants and money left in wills are a vital part of our annual income, helping to keep the hospice running so that others will benefit.
Of course, it's not just the hospice which can benefit from money left in a will - it's vital to make a will to ensure that your loved ones, friends and other good causes are looked after when you've gone.
How you can help the hospice
The hospice relies on income in the form of legacies - without it, we couldn't survive. Last year, around £500,000 of our income came from legacies. That's enough for us to provide all of our services for over 45 days.
Why gifts to charities are so important
It's the gifts left in wills by people like you that keep the hospice running. Around 35% of people say that they would leave money to a charity, but only around 7% do - most people just don't 'get around to it'. Every donation mounts up and helps us to continue to provide hospice services free of charge to patients, their families and carers.
Reducing inheritance tax
If your total estate exceeds £325,000, then you may have to pay inheritance tax, at the 40% rate, on everything over this amount. Making gifts to charities such as the hospice reduces your tax burden.
Making a will
It's not complicated to make a will, though it's easier with the help of a professional. We suggest talking to a solicitor, or a professional will-writer. You can find a solicitor via the Law Society's website. You can make contact with a professional will-writer via the Institute of Professional Will-Writers.