Gifts in wills

There are few people who can afford to make substantial cash gifts during their lifetime, but many can make a big difference when leaving a gift in their will

Why leave a gift?

By leaving a gift in your Will you will leave a lasting legacy helping the Galilee Foundation to fund scholarships so that Palestinian youth in Palestine/Israel can thrive and go to university. An opportunity that they would otherwise not have. You might want to dedicate a scholarship or leave a scholarship with your legacy.

Gifts in Wills are a personal matter, and we understand that friends and family must come first. But if you’re also planning to support a cause you feel passionately about, we’d love you to consider us.

A gift might also be in memory of a loved one so you may wish to ask your solicitor to make a note of this in your Will and let us know so we’re aware of who your special gift is in memory of.

Gifts in wills are vital to the Galilee Foundation

Making a Will provides an opportunity to ensure the people you care for are provided for, and that your wishes are followed after you die. Having an up-to-date Will is extremely important and can be easier than you think, and we would strongly advise you to see a solicitor before actually making or changing your Will.

How can you include the Galilee Foundation in your Will?

If you’d like to remember the Galilee Foundation in your Will, and you haven’t already got a will it’s worth considering the following:

Valuing your estate

Make a list of all your assets including: your house and its contents, car, items of special value such as jewellery and antiques, savings, investments & life insurance, business assets; and money owing to you. Estimate their value and then deduct money you owe, such as your mortgage, overdraft, loans, hire purchase agreements and credit cards.

Choosing guardians

If you have children under 18 you should appoint guardians. This provides for their care in the event of your partner dying before you or at the same time. Again, check that those named agree to take on this responsibility.

Naming executors

You must choose the persons you would like to administer your estate (usually two). One could be your solicitor or bank manager (who normally requires payment for this service); the other could be a relative or a friend. It’s important to get their consent before naming them.

Witnessing your signature

For the will to be legal it must be signed by you in the presence of two witnesses who must also sign it. They must not be beneficiaries or related to beneficiaries.

Four ways of giving

Knowing the approximate value of your estate, you can now draw up a list of those who you wish to benefit, by how much and in what manner. Bequests can be one of four types:

Pecuniary bequest

This is a legacy of a specified amount of money to a named person or organisation.

Specific bequest

A physical item of value can be left to a person or organisation by a specific bequest. The item must be described and the beneficiary’s name and address given.

Reversionary bequest

If you wish, for example, that your partner should benefit from, say, investment income or a house during his or her lifetime – with ownership of the asset passing to a second beneficiary (e.g. a child) on the death of the first – this can be done by means of a reversionary bequest.

Residuary bequest

The remainder of your estate, after all bequests, administration costs and taxes, is called the residue. Your will must give instructions for its distribution – otherwise the law will make the decision for you. It is distributed by residuary bequest, either as a single sum or divided proportionately to benefit more than one beneficiary.

Gifts to causes

A gift to a cause you wish to support, such as the Galilee Foundation of Unit A, 1-3 Canfield Place, South Hampstead, London, NW6 3BT (Charity Number 1118966), can be made by any of the above four methods. A residuary bequest for this purpose ensures that your family and dependants receive priority and are provided for before anyone else.

The time to amend & the time to change

Keeping your will up-to-date is as important as making it. Your wishes, your circumstances and the composition of your family can change over the years – and the value of pecuniary bequests can be eroded by inflation. Minor additions can be made by codicil. Major changes may call for a new will – but that should be a lot easier the second time around.

Marriage & divorce

Under English law, marriage revokes a will (unless it specifically contemplates the marriage) and provisions in favour of a spouse normally cease to have effect following divorce. A new will is essential after these events.

Amendment by codicil

Never write on your will – that will invalidate it. A codicil must be a separate document, signed and witnessed as with the will, though the witnesses need not be the same. It must be kept with the will but not attached to it.

DOWNLOAD CODICIL

Children & grandchildren

The arrival of a child in the family calls for review. The birth of grandchildren, or a separation or death in the family may also necessitate changes.

Information for Solicitors/Executors

If you’re administering an estate that includes a gift to the Galilee Foundation, you can find all the information you need here. If you’re the executor for someone who’s left us a gift in their Will, or are administering a Will, our Chief Executive office is here to help.

Contacting us – you can contact us on: 


Our charity details

  • Registered charity number: 1118966
  • Address: Unit A, 1-3 Canfield Place, South Hampstead, London, NW6 3BT


Paying in a legacy cheque

Please make cheques payable to ‘Galilee Foundation’ and mark for the attention of the legacy administration team at the address above. We would be really grateful if you can include:

  • The full name and title of the deceased
  • Their last address – this will also allow us to prevent any future mailings as we know this can be distressing at a difficult time
  • The date of death
  • The executor’s name and contact details
  • A copy of the Will
  • Any information about the reason for the legacy.

We may be audited to make sure we administer all gifts in accordance with the guidelines set down by the Charity Commission. This is why we sometimes need to ask you to provide details about the estate such as a copy of the Will and estate accounts.

If you can’t spare some time, why not donate a gift?

Your donation could help a Palestinian access higher education today.