Juvenile Arthritis
Legacies
Legacies provide essential funds that enable Arthritis Ireland work to control and cure arthritis. Making a will is often easier and less expensive than people imagine and a valid will ensures that family members are provided for and are protected from unnecessary stress.
If you would like to find out more about making a will you can register your interest here and our team will be in touch shortly.
If you already have a will, it is easy to amend it and include a gift to Arthritis Ireland. Minor changes like this do not require a new will, as an existing will can be amended by completing a codicil, which your solicitor can help you draw up.
If you wish to make a legacy to Arthritis Ireland or would like further information, please contact Nichola Mullen on tel. 01 647 205 or e.nmullen@arthritisireland.ie.
There are several good reasons for ensuring that you have a valid and up-to-date will:
To protect your loved ones
It is only by means of a valid will that you can be certain that your family and friends will be taken care of when you are no longer there.
To prevent legal problems
If you do not have a will or your will is out of date, it could be both costly and traumatic for your family to sort out.
To ensure proper care for your children
If you have very young children, making a will enables you to decide who will take care of them should the worst happen to you and/or your spouse.
To help a good cause and save tax
Once you have taken care of those who are close to you, you may like to remember organisations whose work you admire. Legacies to charity are exempt from tax. So, by leaving a gift to a charity, you will not only help improve the lives of others, you could also substantially reduce the amount of tax payable on your estate.
Example of wording
Your solicitor may find the following wording helpful if you would like to remember Arthritis Ireland in your will.
For a gift of the residue of an estate:
I give to the Arthritis Ireland, 1 Clanwilliam Square, Grand Canal Quay Dublin 2 all (or a fraction) of the residue of my estate whatsoever and wheresoever, and I direct that the receipt of the Treasurer or other officer for the time being of the said Foundation shall be a full and sufficient discharge of the same.
For a gift of a fixed sum or specific item:
I give the sum of €_______ or I bequeath (the item specified) __________ to Arthritis Ireland, 1 Clanwilliam Square, Grand Canal Quay Dublin 2, and I direct that the Treasurer or other proper officer for the time being of the said Foundation shall be proper and sufficient discharge for the same.
If you would like to remember Arthritis Ireland in your will, there are three kinds of legacy you may leave:
Residuary: A residuary legacy is the gift of the residue of your estate, or a share of the residue, after other bequests to your family and friends and all debts, taxes and expenses have been paid. Generally, this is the kind of legacy that is of greatest benefit to us, as its value increases in line with the value of your estate.
Pecuniary: A pecuniary legacy is a specified sum of money, determined when the will or codicil is written.
Specific: When a particular item of value is bequeathed, this is a specific legacy. This can include stocks and shares, proceeds of a life assurance policy or property.
If you would like to find out more about making a will you can register your interest here and our team will be in touch shortly.