Leaving a Gift in your Will
You can help shape and protect the future of your family, friends and community, by leaving a gift in your will to St. James’s Hospital. Even a small gift will make a difference to the treatment of our patients.
When making a will, after you have provided for your loved ones, there are a number of different options that you can consider:
- A financial gift of a sum of money
- A gift of company shares you might hold
- A gift of an asset you have
- A residual gift, leave all or a percentage of your estate, after making a number of specific request
- A reversionary legacy, is a gift that you can leave to a charity, but a named person may have the use of this asset during his or her lifetime. On their death, the asset transfers to the charity.
As a registered charity, your legacy to St. James’s Hospital will be exempt from inheritance tax.
We set out here some suggested wording against such gifts but we do encourage you to always consult with your solicitor, who will be able to advise you.
“I give the sum of €………. (in figures and words) to St. James’s Hospital Foundation, Dublin (Charity Number CHY7369) to be used for the general charitable purposes of St. James’s Hospital, Dublin. I direct that the receipt from the CEO of the St. James’s Hospital Foundation shall be sufficient discharge to my Executor(s)”.
Gift of an Asset
“I give my ….(insert full description and location) to St. James’s Hospital Foundation, Dublin (Charity Number CHY7269) to be used for the general charitable purposes of St. James’s Hospital, Dublin. I direct that the receipt from the CEO of the St James Hospital Foundation shall be sufficient discharge to my Executor(s)”.
“I give the whole (or a …%share) of the residue of my estate to St. James’s Hospital Foundation, Dublin (Charity Number CHY7269) to be used for the general charitable purposes of St. James’s Hospital, Dublin. I direct that the receipt from the CEO of the St. James’s Hospital Foundation shall be sufficient discharge to my Executor(s)”.
You will need to set out the wording to suit your particularly needs, but the wording above can also be adapted with advice from your solicitor.
If you particularly wanted to leave a gift to specific area of St. James’s Hospital, please state this in your will and your wishes can then be followed through.
If you live outside of the Republic of Ireland, please get in touch with us for further information and also speak with your solicitor.
This Legacy Week, St. James’s Hospital Foundation, asks you to continue to support us by leaving a gift in your will, after you have taken care of your family and loved ones. Large or small, it is a special and personal way to make an impact on causes you cherish most for the future.
We are part of My Legacy, an umbrella group of over 50 Irish charities who work together to highlight how important it is for everybody to have a will and to ask people to remember a charity they care about, once all other important decisions have been made.
Many Irish people put off making a will even though it is not a daunting experience and can give you peace of mind. A solicitor has a checklist of all the things to be decided upon and once that is done, you can add whatever legacy gift you feel is right and possible. Most of us have been touched by the amazing work charities do in our lives and communities. Three simple steps is all it takes to remember those you care about in your will.
You can learn more about leaving a legacy gift to charity and find a local solicitor to help you make your will at www.mylegacy.ie
Making a will is a very private matter, but if you would like to inform us of your intentions, and discuss further the options, all conversations will be treated in the strictest confidence. Please contact Clodagh Memery, in our office here at St. James’s Hospital, who will be delighted to be of assistance.
T: (01) 428 4086