It’s better to make a Will - and then change it later if you have to – rather than not make one at all. You are free to change your Will as often as you like, and the new Will revokes any previous one. If you die without leaving a Will (“Intestate”), it results in a lengthy, costly and probably complicated process, which could end up with the Government effectively writing your Will for you. Your estate may not go to the people you wish to benefit from it.
Most of us put off making a Will because it's something we don't want to think about. But making a Will can help you plan your finances and ensure that your assets are distributed in accordance with your wishes. Your requests will be carried out properly, making arrangements easier on your family and friends. Although writing your Will may seem a daunting prospect, people generally feel a great sense of satisfaction once they have put their affairs in order.
It is important to review your Will regularly. The Law Society recommends you check your Will at least every five years and after any major life changes, such as getting married, having children moving house or retiring.
A gift in a will is also a very tax-efficient form of giving - Inheritance Tax is not paid on gifts of money or property left to a registered charity. To find out more about Inheritance Tax, visit the Government website or contact your solicitor.
Gifts in wills are hugely important to our work, enabling us to develop top of the range facilities and services that benefit people from across South West London and North Surrey. No matter how large or small, we can always use any gifts left to us.
Our supporters help us in many different ways – from giving individual donations to taking part in sponsored events and of course volunteering their time and skills but leaving us a gift in your Will can enable us to transform lives for years to come.
Of course, we are immensely grateful to everyone who supports our work, whenever and however they choose to do so but we value gifts in wills so much because they are our largest source of voluntary income. By leaving a gift to the Kingston Hospital Charity, you will be giving us the capacity to change the lives of the living and those as yet unborn.
We all want to ensure that the most important people in our lives, our friends and loved ones, are provided for - they will come first and foremost.
But once you have secured their future, you might want to consider what else you could achieve. Even a small gift would enable us to purchase items that will be used throughout the hospital for years to come.
You can also ensure that the value of your gift is not reduced by inflation over time, by leaving a gift as a percentage rather than a fixed amount. A percentage gift will ensure that, even if your circumstances change, your loved ones will not be affected by any gift you choose to leave to Kingston Hospital. A percentage gift will also ensure that whatever you leave has the biggest impact because it will retain its value better than a specified sum of money.
We understand that making a gift to a charity in your Will is a major decision that affects both you and your family but many people find that they are able to leave a gift to charity once they have secured the future of those closest to them and that the family will support them.
Making a Will is an intensely private matter and we believe that the only way anyone should find out its contents during your lifetime is if you choose to tell them. We would never ask you to tell us your wishes but if you do want to let us know that you have remembered Kingston Hospital in your Will, we would naturally welcome the opportunity to say “thank you” and honour your generosity properly in your lifetime.
Knowing that our supporters are continuing to support us in this special way also means that we can plan for the future with more confidence. We would also love to hear your story about why Kingston Hospital has such a special place in your heart.
If you do decide to leave a gift to the Kingston Hospital Charity (however you choose to do so and no matter what size), we will always be hugely grateful for your kindness.
Kingston Hospital will always strive to use every gift left to us in the way that has the greatest impact for our patients. We welcome gifts that are made unconditionally, because this allows us to direct gifts to the areas of greatest need, which will change on a continual basis.
There are several ways for you to remember the Kingston Hospital Charity in your will:
Residual gifts are the most valuable way you can support us as they will not be directly affected by inflation nor will they reduce the amount your loved ones will receive.
Pecuniary and Specific gifts are also very welcome but a specific sum set aside today may not be worth as much in the years to come due to inflation.
If you have already made a will, you can still include a gift simply by inserting an amendment (“codicil”) to the main text. Your solicitor will be able to arrange this for you.
We understand that a particular project or service may have a special significance for you and your family - if this is the case we are very happy to discuss the different options available. If possible, we would always recommend that such preferences be expressed as wish, rather than as a condition. This is because we can't foresee now how our services might be different in five, ten or twenty years' time, and an expression of wishes in your will gives us the flexibility to transfer your gift to a similar area of work, if it is no longer possible to fund the area or project you requested.
The wording we would recommend for supporters who would like their gift to be used in a particular project or service area can be found here.
If you would like to discuss your gift being spent on a certain area of our work, please email us at firstname.lastname@example.org.
We strongly recommend that you seek professional advice when drafting your Will – you can find a list of local solicitors here. Although a solicitor will charge for this service, it will still be far cheaper than relying on a DIY Will that may well be legally invalid, leaving your executors unable to fulfil your wishes, especially as regards your loved ones.
Alternatively, you could use a professional Will Writer but they are currently less regulated than solicitors – it’s important to check that they belong to a professional body such as the Institute of Professional Will Writers. For more information on the Institute of Professional Will Writers or to find a Will writer in your area please visit www.ipw.org.uk.
Many high street banks also offer Will writing services – your local branch should be able to give you further information on this.
Once you have decided to make a gift to the Kingston Hospital Charity, the next step will be to ensure that your wish is properly recorded in your Will. Your solicitor will be able to arrange this for you but you can help them by using the template phrases below.
Refer to Kingston Hospital Charity as:
Kingston Hospital Charity (Kingston Hospital NHS Trust General Charitable Fund, Finance Department, Argosy House, 31-39 London Road, Kingston upon Thames KT2 7PU), registered charity no: 1056510.
Residuary bequest wording:
"I give to Kingston Hospital Charity (Kingston Hospital NHS Trust General Charitable Fund, Finance Department, Argosy House, 31-39 London Road, Kingston upon Thames KT2 7PU), registered charity no: 1056510 ___% of residue for its general purposes and I direct that the receipt of the Director of Finance or other duly authorized officer shall be a sufficient discharge to my Executors."
Pecuniary bequest wording:
"I give £_________ to Kingston Hospital Charity (Kingston Hospital NHS Trust General Charitable Fund, Finance Department, Argosy House, 31-39 London Road, Kingston upon Thames KT2 7PU), registered charity no: 1056510 for its charitable purposes and I declare that the receipt of the Director of Finance or other authorised officer will be sufficient discharge to my executor(s)."
For gifts to support specific projects or service areas:
“I leave ____________ to Kingston Hospital Charity (Kingston Hospital NHS Trust General Charitable Fund, Finance Department, Argosy House, 31-39 London Road, Kingston upon Thames KT2 7PU), registered charity no: 1056510, with the wish, but without imposing any binding obligation, that these funds be allocated to ____________”
Should Kingston Hospital merge with another body, the following wording allows for the bequest to stand:
"If before my death (or after my death but before my trustees have given effect to the gift) any charitable or other body to which a gift is made by this will or any codicil to it has changed its name or amalgamated with any other body or transferred all its assets to any other body then my trustees shall give effect to the gift as if it were a gift to the body in its changed name or to the body which results from the amalgamation or to the body to which the assets have been transferred.".
Whatever amount you feel able to give, you can rest assured that it will be used to support key front-line services throughout Kingston Hospital.