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Your legacy, our lifeline: Leaving a legacy gift in your will
from Heartbeat 2023
Shaare Zedek is a world-class medical facility, yet the hospital relies on legacies and donations for building its departments, for equipment and for the technological innovations and medical breakthroughs for which it is known. By leaving a legacy in your will to Shaare Zedek UK, you are ensuring that the hospital serves Jerusalem, both now and in the future.
Every pound the hospital receives makes a difference. Your legacy will ensure that we can:
Replace worn and outdated equipment
Refurbish and upgrade essential life-saving areas of the hospital
Provide nursing scholarships and specialised training
Research and develop cutting edge medicine, techniques and treatments
Respond to the needs of Jerusalem’s growing population
Did you know there are huge tax advantages to leaving a charitable gift in your will?
Types of legacy gifts
There are different types of legacies that you may wish to consider including:
Pecuniary - simply state the specific amount you would like to give and write it into your will.
Percentage Share - a more flexible option as the actual amount given will vary, dependant on the size of your estate at the time.
Residuary - this option ensures that your nearest and dearest are taken care of first by referring to an amount or a percentage from the balance (or ‘residue’) of your estate once your other financial commitments have been addressed.
Specific Item - some people choose to leave an asset such as a property, shares or investments, an item of antique furniture or a valuable piece of jewellery.
Tax benefits
Including Shaare Zedek in your will is easy and is not time consuming or expensive to arrange. Your gift will support the work of the hospital but comes under the UK’s legal jurisdiction so will therefore impact on your inheritance tax status. However you choose to leave your legacy, as long as your legacy is left to “Shaare Zedek UK”, which is a registered UK charity (registration no. 1143272), its value will not be included when valuing your estate for Inheritance Tax purposes. In addition, the heirs of an estate where at least 10% is bequeathed to charity could benefit from a 10% reduction in the amount of inheritance tax that they would have to pay. So leaving a legacy could benefit everyone involved.
We understand that if you decide to leave a gift in your will, it is a private matter, so we won’t ask you to tell us. If you do decide to tell us, it gives us the opportunity to thank you for your impactful gift, and to discuss any wishes