It is a common myth that you have to be wealthy to leave a charitable gift in your will but nothing could be further from the truth. After taking care of your family and friends, you will be amazed at what one final gift, no matter how big or small, can do.
Sobell House owes its continued existence to people kindly remembering us in their Wills.
Our annual legacy income is enough to fund nearly a quarter of a year’s care. At any given time, our hospice staff and volunteers care for around 500 people across the county. Thanks to our supporters making donations in wills, thousands of families in Oxfordshire have been able to benefit from the specialist and compassionate care given by our hospice staff and volunteers.
Without this generous support we would quite simply not be able to meet the demand for our hospice services.
Lifespans have grown longer, delaying the inevitable fact of death. The coming years will see a sharp rise in the number of people dying, presenting a challenge about how we care for those at the end of life. A gift in your will can help us be here for people and their families, in the future, every hour of every single day, making moments matter, packing previous memories into the time we have.
A gift in your Will can be a specific sum of money, a share of your estate, or specific items. Supporting us in this way will not cost you a penny now and it could also help reduce your liability for Inheritance Tax. Just a small percentage of your estate, once you have provided for your loved ones, could make a big difference to us and the community we serve.
Giving away some of your money to charity – either now or in your will – can reduce your Inheritance Tax bill.
If you leave Sobell House a gift in your will that gift won't count towards the total taxable value of your estate. You can also cut the Inheritance Tax rate on the rest of your estate from 40% to 36%, if you leave at least 10% of your 'net estate' to a charity.
Your donation will either:
- be taken off the value of your estate before Inheritance Tax is calculated
- reduce your Inheritance Tax rate, if 10% or more of your estate is left to charity
You can donate:
- a fixed amount
- an item
- what’s left after other gifts have been given out
After you have provided for family and friends please remember Sobell House in your Will.
Any gift you leave will make a difference.