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Bequest

A gift in your will costs you nothing now, and is a significant way of keeping your ideals and compassion alive while making a lasting contribution to the specialised care of Helderberg Hospice.

You and the future

We all have plans for the future and for the rest of our lives. But have you thought further than that? Have you considered what will happen to your family and friends after you have gone? What will become of your personal possessions? It is your right and your responsibility to decide – by ensuring you have a valid will.

What happens if you don`t have a will?

If you don`t leave a will, your estate will be divided up according to State laws. This is a lengthy process, during which urgently needed funds may be tied up, placing additional worry and hardship on your family.

Your estate will also attract the maximum estate duty. Precious items may have to be sold and the money distributed – not necessarily according to your wishes. Even if you have made these wishes clear verbally, they cannot be enforced without a valid will.

Can you compile a will, or change a will, by yourself?

As with any legal document it is best to seek professional advice. Adding a codicil to change an existing will is a simple matter but it is not advisable to draw up or change a will without first consulting an attorney or financial advisor.

Why leave a bequest to charity?

Charitable bequests are a way of keeping your ideals, your compassion and your vision alive for years to come.

A bequest, whatever the size, offers you the opportunity to have an impact on generations to come, and in doing so, to perpetuate your name or that of a loved one. Particularly if your children are grown up and self-sufficient, you may find tremendous satisfaction in using your will to help make the world a better place and to touch the lives of people in need.

Helderberg Hospice has been approved by the South African Revenue Service as a Public Benefit Organization in terms of Section 30 of the Income Tax Act. Any bequests to Helderberg Hospice are therefore exempt from payment of Estate Duty in terms of Section 4 (h) of the Estate Duty Act no. 45 of 1955. This means that the amount of any bequest to Helderberg Hospice may be deducted from the net value of the Estate when calculating the Estate’s liability for Estate Duty purposes. It is evident that a gift to Helderberg Hospice in your will, of whatever size, benefits all concerned – your family and the patients we serve.

How would Helderberg Hospice use my bequest?

When you leave a legacy to Hospice care, you provide vital funds to care for patients in their final illness. Your gift will provide practical help, relief from pain, emotional support and spiritual comfort at a time when it is needed most.

If you wish, your gift could have an even greater impact – perhaps providing new hospice facilities or ensuring that particular aspects of our care will be sustained for future generations. If you are considering a bequest to Helderberg Hospice, please contact us to discuss the options. We would appreciate the opportunity to say a discreet thank you, and to plan with you a fitting tribute to your generosity.

What is the best kind of bequest?

The type of bequest you choose will vary according to individual circumstances. Here are some options you may want to consider:

  1. A specific sum of money or item.This is the simplest bequest but it is a good idea to think about the effects of inflation on the amount. What may seem like a lot now may be significantly reduced over time.
  2. A percentage of your estate.This ensures a fair division between all your beneficiaries, whether your estate grows or is depleted by inflation or unforeseen costs.
  3. All or part of the residue of your estate.This allows you to provide first for your loved ones and ensures a fair division between all your beneficiaries. Once your estate is assessed, any gifts made, and all expenses taken care of, you can give what is left to Helderberg Hospice.
  4. Life assurance policies.Some policies may lose their relevance as our circumstances change. A gift of a policy like this will make a real difference to the work of Helderberg Hospice.

How your bequest should be worded:

To ensure your bequest benefits Helderberg Hospice as you intended, you need to use the following wording in your will: “I give and bequeath (an amount, a percentage of my estate, the residue of my estate, description of property or assets) for the (general purposes/specific programme) of Helderberg Hospice.”

What happens if you already have a Will?

Your legal advisor will encourage you to update your will every four to five years, or with any significant changes in your life. If you have a current will and you know you would like to support Helderberg Hospice, you can easily add a codicil regarding your gift. The wording can be the same as suggested above.

The most important thing is to discuss your wishes with your family and relatives before you make these simple changes to your will or have a codicil drafted to incorporate them. Once you have provided for your loved ones, your gift to Helderberg Hospice will make a difference, not just for today’s patients but also for those we will be privileged to serve in the years to come.

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