Can leaving a gift in my Will reduce Inheritance Tax? Expand Yes. If you leave 10% or more of your estate to charity, the Inheritance Tax rate on the rest of your estate may be reduced from 40% to 36%. We recommend speaking to a solicitor or financial adviser to understand how this could apply to your individual circumstances.
Does my gift have to be large? Expand Not at all. Every gift, no matter the size, helps us provide care and support to those who need it most. You can find out more about the impact your gift could make here.
Should I tell you if I’ve left a gift in my Will? Expand It’s entirely up to you. If you do choose to let us know, we’d love the chance to say thank you and keep you updated on how your gift could help. You can let us know by filling in this form.
What types of gift can I leave? Expand A share or percentage of your estate (a residuary gift) A fixed sum of money (a pecuniary gift) A specific item (such as property or shares)
What wording should I use in my Will? Expand Here’s suggested wording for different types of gifts: Residuary gift:I give ……. per cent (…….%) of the residue of my real and personal estate to Royal Trinity Hospice of 30 Clapham Common North Side, London SW4 0RN (registered charity no. 1013945), and the receipt of a duly authorised officer shall be sufficient discharge for my Executors. Pecuniary gift:I give ……. pounds (£…….) to Royal Trinity Hospice of 30 Clapham Common North Side, London SW4 0RN (registered charity no. 1013945), and the receipt of a duly authorised officer shall be sufficient discharge for my Executors. Specific gift:I give my ……. (include a description of the asset here) to Royal Trinity Hospice of 30 Clapham Common North Side, London SW4 0RN (registered charity no. 1013945), and the receipt of a duly authorised officer shall be sufficient discharge for my Executors. If you're considering leaving assets in trust, please consult your solicitor for appropriate wording.
Who should I contact about leaving a gift in my Will? Expand Email [email protected] or call 020 7787 1000 to speak to a member of our team.