How do I leave a gift to Mountbatten? Expand To leave a gift to Mountbatten in your Will you'll need to include our name, address and registered charity number. Name: Earl Mountbatten Hospice Address: Halberry Lane, Newport, Isle of Wight, PO30 2ER Registered charity number: 1039086 Any gifts left to other charities will not support the work of Mountbatten or directly benefit Island people accessing our end of life care services.
What types of gifts can I leave? Expand The right gift to leave depends on individual circumstance. The smallest gift in your Will makes a huge difference to the care Island people will receive. You could pledge as little as one per cent share of your estate, or a cash gift of £500. And if you can give more, you'll be helping even more patients and their families to face death, dying, and bereavement with Mountbatten by their side. There are three types of gift (called a "legacy") you can leave to us: Residuary Legacy – a gift of the remainder of your estate, or a percentage, after all other legacies and any debts cleared. Residuary legacies keep pace with inflation and are an effective way to divide the value of an estate between a number of people and causes. Pecuniary Legacy – Leaving a fixed sum of money in your will. It is worth noting pecuniary gifts can devalue over time due to inflation, so it is worth reviewing your will regularly. Specific Legacy – You can choose to leave property or specific items in your will such as art, jewellery, furniture or stocks and shares.
How do I write a Will? Expand Many people put off writing their Will as they expect it to be complicated. However, in reality, it is relatively simple. Our Make a Will pack helps you consider everything you need when making or updating your Will. Call 01983 217300 or email us for your free copy. Get a free professionally drafted Will. We have partnered with Bequeathed to offer our supporters a free Will For Good. Start your will any time that suits you and follow these simple steps to create a draft Will that is then reviewed by a Will writing professional. You can also write your own will or ask a legal advisor such as a solicitor or Will writing service to draft it for you. Click here for a list of Wills, Probate and Trust solicitors on the Isle of Wight.
I already have a Will, how do I change it to leave a gift to you? Expand If you want to leave a gift but you’ve already made a Will, that’s no problem – there are a couple of ways you can change it. 1. Write a new Will The simplest way is to write a new Will. Once written, any Wills made by that person in the past become void. In fact, most Wills will start by reciting that you’re writing a Will and that you’re revoking previous Wills. You can make a new Will for free with our partners, Bequeathed. Just go online any time that suits you and follow these simple steps to create a draft Will that is then reviewed by a member of staff from our partner legal firms. You can also write your own will or ask a legal advisor such as a solicitor or Will writing service to draft it for you. Click here for a list of Wills, Probate and Trust solicitors on the Isle of Wight. 2. Codicils The other way is to write a codicil, which is a document used to make changes to an existing Will. It’s used as a way to make simple amendments like adding a charity, changing a gift amount or adding an executor. This is all quite straightforward but problems can occur if you ever want to cancel the Will in the future. When you cancel a Will that contains a codicil, the codicil does not get canceled automatically, so when you write a new Will it can create inconsistencies and legal problems. To avoid this, make sure that any new Will clearly states that you are revoking all Wills and codicils previously made. You can write a new Will or write a codicil with a professional advisor. Find a solicitor or Will-writer in your area using this postcode search, or take a look at these useful links for further information.
I'm not wealthy, is it worth me writing a Will? Expand Making a will is the best way to ensure that your wishes are carried out after your death and your property, money and possessions go to the people and organisations that matter to you. You don't need to be rich to leave a gift to charity in your Will. Leaving just a small percentage (called a residuary legacy) to us in your Will goes a long way. These gifts are inflation proof and exempt from inheritance tax. People often find they can afford to be more generous in a Will than in their lifetime. No matter the size or amount, your gift will contribute to supporting Island people in the last years of their life.
Will my gift to Mountbatten be subject to tax? Expand Most gifts you leave to Mountbatten are exempt from tax. We usually receive the full amount. Your gift may also bring the total value of your estate below the Inheritance Tax threshold. We recommend you talk to a solicitor for more details on tax exemptions and benefits.
I've left a gift to Mountbatten in my Will but my circumstances have changed. Can I change my mind? Expand Yes you can. A Will is a very personal document that reflects your final wishes. You're free to change your mind at any time.
Can I have a say in how you use my gift? Expand We understand that you may want to leave a gift to a particular service close to your heart - and you're entitled to do this. However, we encourage gifts left to us to be unrestricted. We're then free to use the money where it is most needed at the time.