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Frequently Asked Questions
How do I make a will?
Making a Will is usually straightforward and inexpensive. As with any legal document it is best to seek professional advice. If you do not have a solicitor you could ask friends or relatives for a recommendation or search online for a local solicitor at www.certainty.co.uk.
Wills aren’t solely about passing on your assets. You can also include specific details about your desired funeral arrangements: for instance, burial, cremation or the use of your body for medical research. You may also want to appoint legal guardians to care for your children if you
and your partner should die before they are 18.
To make a valid Will you will need two independent witnesses to witness your signature.
Can I add Farleigh Hospice to my existing Will?
If you have a Will it is important that you keep it up to date. Fortunately making changes to an existing Will, again with the help of a solicitor, is very straightforward.
If you wish to add Farleigh Hospice to your existing Will, your solicitor will simply prepare a supplement called a codicil. This will also needs the signatures of two independent witnesses. Witnesses must not be:
• Beneficiaries under your Will or Codicil
• Their wives, husbands or civil partners
• Their wives, husbands or civil partners
• Executors of the Will
What are the Different Types of Legacy?
With a legacy you can help create a better future for local people with life limiting illnesses.
There are three main ways to leave a gift to Farleigh Hospice in your Will:
• ‘Family and Friends First Legacy’,
• ‘Cash Legacy’
• ‘Legacy in Kind’
Family and Friends First Legacy
At Farleigh Hospice we know that caring for your family is a priority. However, after making provision for your family and friends, you can leave whatever is left in your estate – the residue – to Farleigh Hospice alone or with other charities.
Cash Legacy
Cash donations are always very welcome. Do remember however, that cash donations tend to decrease in value over time. To avoid this you can either index link your gift or review it periodically to retain its original value.
Legacy in Kind
Specific items such as property, shares, jewellery or furniture can be gifted. Leaving the contents of your home as a gift in your Will is welcome as our shops can maximise the value of the gift for the hospice.
In addition, if you find yourself as a beneficiary under a Will, you can transfer all or part of your inheritance to Farleigh Hospice using a ‘deed of variation’. This can be used to help reduce Inheritance Tax.
