Why a gift left in your Will matters
About leaving a gift in a Will
A valid, and up-to-date Will is vital to ensure that your wishes are honoured. Telling those close to you is not enough.
ACT cannot write your Will, but we can help you to prepare before you visit your solicitor.
If your circumstances or wishes change, it is essential to review your Will to ensure that it is relevant. For instance, getting married or divorced, if children or grandchildren are born, or if your husband, wife or partner dies before you, you will need to make changes accordingly.
- If you are married or living with someone and you die without making a valid will, you cannot assume that your partner will inherit everything.
- A Will enables you to appoint guardians for your children.
- An unclear Will can result in legal costs that eat into the value of your estate, and wrangles that cause further heartache for those left behind.
- Leaving a gift in your Will can also help reduce inheritance tax on your estate (information on how to calculate the value of your estate can be found in the Legacy Information Guide).
How a gift in your Will can help
Addenbrooke's Hospital was founded on a gift of £4,767 left in a Will by its namesake, Dr John Addenbrooke in 1766. In 1814, a local and wealthy bookbinder, John Bowell, left a gift of £7,000 to extend the hospital by building two new wings to take extra patients. Addenbrooke's grew rapidly during the 19th and early 20th centuries, as medical science developed and gifts left in Wills continued to play an important role in improving patient care and the environment. When you leave a gift in your Will to Addenbrooke's you will want to know that it will make a difference to people's lives in the future.
The gifts that ACT receive enables us to support very many improvements to the health and care of patients, the facilities and very importantly, research. They truly help the next generation and beyond and will cost you nothing in your lifetime.
ACT Research Fellowships
Research is one of the most dynamic areas of Addenbrooke's work. ACT provides two annual research fellowships made possible by gifts left in Wills. There is scope for naming a fellowship in memory of a benefactor, which provides an ongoing commitment over a number of years.
Dr Paul Norris, Consultant Dermatologist, says:
"We are very grateful to Maxwell Charnley for leaving a legacy to implement the Charnley Dermatology Clinical Research Fellowship. This research funding will be invaluable to Dermatology to help provide treatments and possibly cures for dermatological conditions for patients and Addenbrooke's and beyond."
Specialist medical equipment
Your gift could help fund specialist pieces of medical equipment unavailable through NHS budgets, which enhance patient care, such as a four-armed da Vinci robotic surgeon to help treat prostate cancer.