Gifts in Wills

Gifts in Wills or a Legacy Gift is a gift that someone leaves to a charity in their Will.

The most common types of legacy gifts left in Wills are:

Residuary Gift: the residue (or a proportion of the residue) of an estate after all other gifts, debts and expenses have been paid.
Pecuniary Gift: This is a fixed amount. This type of gift will, over time, devalue with inflation. If you want to futureproof your legacy, you can ask your solicitor about index-linking your gift so its value keeps pace with inflation.
Specific Gift: a particular asset, for example an investment or property.
A Life Interest: If you wish, you can leave a gift for use over a specific period, for example the income from an investment. After that time has passed, the gift could then be passed onto another recipient or family member

We’ve teamed up with Farewill, who offer a Will-writing service that is simple and free for you to use to write or update a straightforward Will.

Create your free Will online

Create your free Will over the phone

You will need to take the following details with you:

Rainbows Hospice for Children and Young People (Cope Children’s Trust)
Registered address: Lark Rise, Loughborough,
Leicestershire, LE11 2HS
Registered charity number: 1014051 (England and Wales)

An example of wording you could use:

I leave X / a X% share of my residuary estate for Rainbows Hospice for Children and Young People, Lark Rise, Loughborough, Leicestershire, LE11 2HS (registered charity number 1014051) for its general charitable purposes and I declare that the receipt of the proper officer for the time being of the said charity shall be a sufficient discharge to my executors.

Making, updating or changing a Will that provides for those who are close to you, while ensuring that your specific wishes are met, is not something to be taken lightly. So, if you would like to discuss what arrangement might be best for you, please do get in touch by emailing our Supporter Care Team to arrange a visit or just an informal conversation.

Rainbows Hospice for Children and Young People (Cope Children’s Trust)

Registered address: Lark Rise, Loughborough,
Leicestershire, LE11 2HS

Registered charity number: 1014051 (England and Wales)

Any gift, no matter how big or small, will be a huge help towards continuing our vital care and support for children and families.

Inheritance Tax: Each individual has a tax-free allowance of £325,000 (correct as of April 2024) before Inheritance Tax at 40% becomes due. All gifts to charities are deducted from the value of the estate before Inheritance Tax is calculated.

For more information, please speak to your solicitor or visit the HMRC website.

To talk to us about leaving a Gift in your Will, please contact us on 01509 638000 or email [email protected]

If you are organising a funeral collection or donations in memory, please also contact us on the above information.

If you have remembered Rainbows Hospice for Children and Young People in your Will, we’d love to hear from you. Not only will this help us make plans for the future of Rainbows, it also means we can thank you properly for your support. Anything you tell us will be confidential and not legally binding.