Leaving a gift to a charity in your Will is a wonderful act but can seem a little complicated at first. Here is our brief guide to help answer some key questions...

If you decide to remember Paintings in Hospitals in your Will, please let us know. This will enable us to express our thanks to you and those you wish to be informed about and involved in the work of our charity. All information will be treated in the strictest of confidence.

What is a legacy?

A legacy is one of the most direct and flexible ways of giving to Paintings in Hospitals and other charities. It can also provide valuable tax benefits for the donor. A legacy is usually a gift of money, left in a Will or as part of an estate.

What types of legacy are there?

There are a number of different types of legacy you may wish to consider:

  • Residuary legacy: a gift of all or part of the remainder of your estate after all other payments and legacies have been made.

  • Pecuniary legacy: a gift of a specified sum of money.

  • Specific or non-monetary legacy: a gift of an asset such as property, shares, or valuable artwork.

  • Conditional legacy: This ensures that, in the event that none of your named dependants were to survive you, your estate would be left to Paintings in Hospitals

  • Unrestricted legacy: This is usually the most beneficial way of supporting Paintings in Hospitals. It will give Paintings in Hospitals the flexibility to use your gift in the most effective way, enabling us to support the areas of greatest need, now and in the future.

Will my gift be taxed?

No. Gifts to Paintings in Hospitals and other charities are exempt from Inheritance Tax and this can be a way of reducing exposure of your estate to tax deductions. For more information on this, please visit the HMRC website.

I am an Executor of an estate and there’s a gift for Paintings in Hospitals in the Will I'm dealing with. Who should I contact?

Please write to our Director, Ben Pearce, at:

Paintings in Hospitals
Floor One, 51 Southwark Street
London SE1 1RU

or...

Click here to contact us now.