Gift in Will
Leaving a gift in your Will, no matter how small, can make a real and lasting difference.
Most of us will be in a position to give more in our Will than we could ever give while we are alive. Leaving a bequest won't cost you anything in your lifetime but will impact well into the future and make a huge difference to people's lives.Gifts in Will are an important source of income for The Irish Hospice Foundation (IHF), helping us to make long-term plans in support of hospice care throughout Ireland. They are also a way of enabling our donors to continue to support the work of The IHF beyond their own lifetime. Our vision is that no one should have to face death without appropriate care and support. By remembering us in your Will you can help ensure that our work will continue to benefit terminally ill people and their families for generations to come.
When making or updating your Will you should of course take care of those closest to you first. But then please consider leaving something, no matter how small, of whatever is left to The IHF.We understand that leaving a gift in your Will is a very personal decision. Some people choose to let us know that The IHF has been remembered in their will. Others prefer to keep their wishes private, leaving it to their executor or solicitor to inform us when the time comes. If you would like some more information on leaving a gift to The IHF, then please complete this online form. You can also use this form to advise us if you have made a gift to The IHF in your will. To find out more about leaving a bequest to The IHF, please contact Anna Sadlier on 01 679 3188, or email [email protected] in confidence.
Legacy Charter - Our promises to youRemembering The IHF in your Will is an important decision. That’s why we want you to be 100% assured that any gift that you leave in your Will to The IHF will be put to the best possible use as quickly and as efficiently as possible.We recognise that your Will is personal and private to you and we promise you that we will respect your privacy at all times.
- We fully understand that the wellbeing of your loved ones must always come first.
- Because The IHF is committed to striving for the best care at end of life for all in Ireland, we encourage you to please remember The IHF in your Will. However, we understand that you may have other charities that you may wish to include in your Will in preference to, or in addition to, The IHF. We recognise that this is entirely your decision and we fully respect your right to decide as you wish.
- If you specify in your Will how and where you would like your gift to be used by The IHF, we will always work to honour your wishes. That’s a promise.
- We also promise you that we will use your gift as carefully and as cost-effectively as possible so that it brings the maximum amount of benefits to people at end of life in Ireland.
There are several reasons why it is important to have a valid and up-to-date Will:
- To ensure that your wishes are observed
One in five people dies without making a Will. If you do not have a Will, not only does this mean that you are not able to have a say in who inherits your estate, but in certain circumstances the state may inherit everything.
- To protect your loved ones
It is only by having a valid Will that you can be certain that those you care about will be taken care of when you are no longer there. Without a Will, even your spouse or children may not receive what you might think would automatically be theirs by right.
- To prevent legal difficulties
If you do not have a Will, or your Will is out of date, it could be both costly and traumatic for your family to sort out.
- To help a good cause
Once you have taken care of those who are close to you, you may like to remember organisations whose work you admire, or whose work has personally touched you at some point in your life.
- To make the most of tax efficient giving
Legacies left to charities such as The Irish Hospice Foundation are completely tax-free, meaning that every Euro you leave in your Will goes directly to support our work and effectively reduces the inheritance tax liability on your estate.
Helping to Answer Your Questions1. How do I make a Will?
You can make a Will at any stage of your life. You do not have to be sick or aging to make a Will and the peace of mind you will gain from having a valid Will in place can be a great comfort. We suggest that you contact your solicitor who will be able to give you professional advice based on your personal circumstances and answer any questions you might have. If you do not have a solicitor of choice, contact the Law Society of Ireland for a list of solicitors in your area.2. I want to leave a gift in Will but I’ve already made my Will. Can I change it?
It is important that you review your Will regularly, particularly if there is a significant change in your circumstances e.g. you got married, bought a new house, had a baby or retired. Even if you have an existing Will, it can be changed to include a bequest to the charity of your choice. This change is called a “Codicil” and can be easily drawn up by your solicitor.3. How do I leave a gift to The Irish Hospice Foundation in my Will?
There are three ways in which you can leave a gift to charity in your Will:
1. You can leave a percentage of your estate to the charity once all of your loved ones have been taken care of.
2. You can leave a cash sum which is a specific sum of money that you would like to donate to the charity or charities of your choice from your estate. You can ask for this donation amount to be index linked to ensure that its value remains the same over time.
3. You can also leave a specific gift of property e.g. jewellery, household items, a building or shares.
Your solicitor will be able to provide you with advice on which option best suits your wishes and personal circumstances.4. Examples of wording
Your solicitor may find the following wording helpful if you would like to remember The Irish Hospice Foundation in your Will.
For a gift of percentage of an estate:
"I give to The Irish Hospice Foundation of 32 Nassau Street, Dublin 2, all [or a fraction] of the residue of my estate whatsoever and wheresoever, and I direct that the receipt of the Treasurer or other proper officer for the time being of the said Foundation shall be full and sufficient discharge of the same."
For a gift of a fixed sum or specific item :
"I give the sum of €_______ or I bequeath __________ [the item specified] to The Irish Hospice Foundation of 32 Nassau Street, Dublin 2, and I direct that the receipt of the Treasurer or other proper officer for the time being of the said Foundation shall be full and sufficient discharge of the same."5. How much should I leave to The Irish Hospice Foundation?
This is a matter for you to decide. No matter how small or large your gift is, it will make a lasting difference to the work of The Irish Hospice Foundation and will be hugely valued.
The Irish Hospice Foundation is a proud member of My Legacy, an umbrella group of almost 70 Irish charities who work together to promote the great importance of making a Will and to ask people to consider leaving a legacy gift to a favourite charity, once family and friends have been taken care of and all other important personal decisions have been made.