By leaving a gift in your will, you can help create a lasting legacy for future patients and staff at the Royal Free London. Your gift really could make an incredible difference.
What type of gift can I leave?
There are three main types of gift that you can leave to the Royal Free Charity:
• You can choose to give a fixed amount of money – this is known as a pecuniary gift.
• A share or percentage of your estate – you can choose to leave a share of your estate after you have provided for your family and friends – this is known as a residuary gift.
• You can specify items of value such as jewellery, artwork, buildings, land or investments such as shares – these are known as specific gifts.
Leaving a residuary gift is the most commonly preferred option, because it means that you don’t have to change your will later if your financial circumstances change.
I have a will, but how do I update it?
If you wish to update or change your will, you should seek the services of a solicitor. If you would like any advice on leaving a gift to the Royal Free or a specific area of work, please do get in touch, we will be happy to help. You can also use our free will-writing service to update your will.
How do I leave a gift in my will to the Royal Free Charity?
If you want to support the work of the Barnet, Chase Farm and Royal Free hospitals or St Peter’s Trust, please get in touch on 020 7317 7772 or [email protected].
When including the Royal Free Charity in your will, it is important to include the charity’s full name, address and registered charity number as follows:
Royal Free Charity
London NW3 2QG
Registered charity number: 1165672
Which wording should I use to leave a gift in my will?
Your solicitor should be able to advise on this, as it will depend on the type of gift you wish to leave. It is essential to include our full name, registered address and charity number provided above.
Can I leave my gift to a specific area of work or hospital?
Yes. We would be happy to discuss how you can do this with you.
Many people leave a gift to the Royal Free Charity without condition, meaning that it can be used wherever the need is greatest to support staff, patients and ground breaking research.
We do understand however that this is a very personal choice, and we would be pleased to hear from you if you wanted to support a specific area or hospital.
Will my gift be taxed?
No. Gifts to charities are exempt from inheritance tax (IHT). This can be a way of reducing the overall amount of IHT payable, and can also help to increase the amount all beneficiaries receive from your estate. Please visit the HM Revenue & Customs website for guidance.
I’m an executor of a will that contains a gift to the Royal Free Charity or St Peter’s Trust. Who should I contact?
Please email or call our legacies manager at the Royal Free Charity at [email protected] or on 020 7317 7772 for help and advice.
By leaving a gift in your will you can help create a lasting legacy for future patients of the Royal Free London hospitals.
If you have any questions about leaving a gift in your will, please call Fred Adams, legacies manager, on 020 7317 7772 or email Fred at [email protected] (9am till 5pm, Tues to Thursdays only).