Gifts In Wills
Thank you for thinking of Southend Hospital Charity in this special way.
We completely understand that your loved ones should come first in financial plans, which makes the gifts we do receive so greatly appreciated.
Once you have considered your friends and family, please think about leaving Southend Hospital Charity a gift in your will. Every gift, no matter how large or small, will make a difference.
Southend University Hospital was in fact founded back in 1932 on a series of legacies and gifts from its townspeople. Over the years, patients, families and friends have left legacies as a sign of appreciation for all the wonderful work and services provided by your local hospital. The money has helped improve our services, research new treatments and enhance the environment – laying the foundations for improved healthcare for decades to come.
By leaving a legacy to Southend Hospital Charity you will be helping to ensure that future generations will benefit from the very best the hospital has to offer.
How your legacy can make a difference
Celebrate your life with a gift to your local hospital
You may wish to leave your gift to be used across the hospital, or you may choose to support a particular ward or department, for research or patient care. It’s your choice!
Thanks to one-off or combined legacies to Southend Hospital Charity, these are just some of the projects we have been able to fund:
£88,000 towards the purchase of a digital mammography machine for the breast care unit
£10,000 towards the dedicated bereavement suite
£60,000 to purchase an electronic chemotherapy prescribing machine
£500 towards lip-reading classes for hard of hearing patients
Ways to leave a legacy
In order to leave a legacy you will need to write a will, which can be arranged by contacting a bank or solicitor. Including a legacy into your existing will via a codicil (see below) should only take a few minutes.
There are different types of legacies.
A pecuniary legacy – this is for a specific sum of money
A residuary legacy/bequest – this is the sum of money left after your specific requests have been made and debts, tax and costs paid. This is called the residue and you could consider leaving this to Southend Hospital Charity, should you wish to do so.
How to do it
If you already have a will and wish to leave a gift, you can just complete a codicil and place it with the original version of your will.
Download a legacy leaflet and codicil form here
We do recommend that you consult a solicitor when writing or amending your Will, to ensure that the wording is correct. If you don’t have a solicitor, ask a close friend or family member for a recommendation. Or visit the Law Society website for a list of probate solicitors in your area. http://www.lawsociety.org.uk/choosingandusing/findasolicitor.law
How much inheritance tax you will have to pay
If the total value of your estate is over £325,000 (the current inheritance tax threshold), your beneficiaries will have to pay 40% inheritance tax on the amount over £325,000.
This means that if your estate is worth over £325,000, your beneficiaries will only keep £6,000 out of every extra £10,000 that you leave.
Gifts to charities in your will are generally exempt from inheritance tax. If you leave a charitable gift it will be deducted from your estate before inheritance tax liability is calculated.
How should I pay a legacy?
All legacies are administered from our fundraising office at
Department of Fundraising
Southend University Hospital
You can send a cheque made payable to ‘Southend Hospital Charity’ to the Legacy Administrator at this address.
Please call us on 01702 385337 if you would prefer to make payment by BACS.
If you have already included a gift in your Will to Southend Hospital Charity, or intend to in the future, we would very much like to hear from you. This information will be treated in confidence and is not binding in any way, but will help us to communicate with you appropriately and means that we can say thank you and honour your generosity properly in your lifetime as well as at your death time.
In particular we would like to hear your story about why Southend Hospital Charity has a special place in your heart.
Still can’t find the answers you’re looking for? We are here to help. To talk to our legacy administrator, Lara, in total confidence with no obligation, please contact: email@example.com or call 01702 385337, Monday to Friday 09.00 – 16.30.