Leave a Legacy
Leave a legacy in your will to Headway. You will be providing much-needed financial support. This will enable us to continue our rehabilitative work and help us to plan for the future.
We have a particular need for premises around the country. Our services aim to be community based. We would love to increase the proportion of funding that goes to direct service provision and reduce our outlay on leased premises.
By making a will you make sure that your wishes will be followed when you are gone. Your affairs will be in order and it reduces complications for loved one.
You can make a will at any time. Sometimes events in your life may prompt you e.g. buying a house, getting married, getting divorced, having children or retiring.
When making a will or amending your existing will it is worth speaking to a solicitor about your plans in detail. A solicitor will be able to advise you on the best options available to you. Everyone's circumstances are different. Drawing up your own will can be problematic. You may omit particularly important details e.g. what you wish to happen if the main beneficiary does not survive.
Types of Legacies
1. Pecuniary
A gift of a specific amount of money which is determined when you make your will.
2. Residuary
After you have taken care of your family, friends and loved ones, you can bequeath the residue or part of the residue of your estate i.e. a share of the rest of your assets that you have not already given away.
3. Specific
A gift of a specific item of value, for example jewellery, shares or property.
4. A Codicil
If you have already have a will and you decide to give a gift to Headway, you will need to prepare a new will, or ask your solicitor to add a codicil (addition) in a similar way to the original will. A codicil needs to be witnessed and signed in the same way as the original will, and should be kept in the same place as the original will.
What do I do next?
- Find a solicitor in your area. Contact the Law society for further details www.lawsociety.ie
- Make a list of all your assets with their approximate value
- Make a list of all your liabilities
- Consider who you would like to look after your financial affairs (your executors). Ensure that the persons you select would be willing to act in that role
- Consider how you would like your assets divided, bearing in mind your obligations to people who are close to you.
- Visit your solicitor to discuss your plans and to allow him/her to prepare your will. S/he should advise you in terms of the tax implications of leaving legacies to family, friends or charities.
- Include a gift to Headway. Your solicitor will write this into your will.
- Let Headway know that you are leaving us a gift in your will. It will help us to plan for the future and also will give us the opportunity to say thank you!
Contact Headway: Teresa McGee
Email: mcgeet@headway.ie
Telephone: (01) 8102066
Post: 1 - 3 Manor Street Business Park, Manor Street, Dublin 7