Leaving a legacy
One of the most effective ways of supporting your local hospital is to leave a legacy to the Friends of York Hospitals in your Will. Legacies have a huge impact. Legacies enable us to make a real, lasting impact on the care patients receive. We want to be able to pay for the latest medical equipment when it is asked for. We want to create a more comfortable and welcoming hospital environment for local patients, young and old. It is legacies, more than any other source of funds, which enable us to achieve those aims.
Taking the time to make a Will gives you peace of mind, and ensures that the people you love, and the causes you care about most, will be provided for. With legacies, big or small, you are making your mark on the future. And they can also be a tax-efficient way of managing your finances.
There are three main ways of leaving a legacy in your Will:
- A residuary legacy. This works by leaving a percentage of your estate. The great advantage of residuary legacy gifts is that their value cannot decrease with inflation.
- A pecuniary legacy. This is when you leave a loved one or a charity a fixed sum of money.
- A specific gift. This is when you leave a building, piece of land or shares to a person or charity.
Writing your Will
We recommend using a qualified professional to help you create your Will. This makes sure your wishes are clear and the Will is legally sound. If you already have a Will, a solicitor can easily amend it for you by writing a codicil to file alongside the existing Will.
You should name the charity Friends of York Hospitals, and include the registered charity number (500474).
Where possible, we encourage broad support - choosing to support the charity as a whole - so we can direct your funds to our areas of greatest need. This will ensure that your donation is flexible enough to adjust to future advances in medical technology and is available to be used where the need is greatest.
Alternatively you can specify that you wish to fund a particular area of hospital treatment. If so the Friends will make sure that your legacy is used to support the part of the hospital you have chosen. However if you do specify a particular area it is helpful to use the phrase 'I wish to support …' as this means that if the area is re-named, or if there are changes in medical technology or techniques, we can ensure your gift can still be used.
Information to use in your Will
The following information will help you or your solicitor, but don't hesitate to get in touch with us - or ask your solicitor to contact us - if you would like more guidance.
- Our charity is called ‘Friends of York Hospitals’
- Our registered charity number is 500474
- Our address is:
Friends of York Hospitals
York YO31 8HE
Tel: 01904 726762