An extremely valuable gesture for the future of liver research
Today it is possible to leave a legacy to the Italian Liver Foundation
Making a donation through a testamentary bequest is a gesture of great value and represents a source of precious support for the beneficiary research institutions, such as the Fondazione Italiana Fegato ONLUS (Italian Liver Foundation NPO)
Testamentary bequests are acts through which a person decides how and to whom to allocate their assets, or a part of them. The beneficiaries of a testamentary bequest can be charitable organizations or individuals. These bequests can be drawn up at any time but produce their effects only after the death of the person who makes the will and until that moment they are always revocable and modifiable.
Italian Liver Foundation: Bequest or Donation?
The main difference between a bequest and a donation concerns the usability of the contribution. A donation offers immediate support to the projects and initiatives of a non-profit organization, while a bequest allows anyone to leave their assets to the Foundation after their death, supporting its research initiatives in the long term.
What assets are included in a bequest?
Drawing up a “solidarity will” means citing the Foundation in your will, as an heir (inheritance) or legatee (legacy), allocating part or all of your assets to the activities of the organization. The assets that can be allocated to the Foundation include sums of money (even small ones), real estate, severance pay, investment funds, securities, life insurance, but also movable assets such as jewelry, works of art.
The advantages of making a solidarity will
– Respect for rights and choices
Anyone can write their own will, thus ensuring that their choices are respected after death. The benefits of a solidarity will include:
o Respecting the rights of one's heirs by preventing some assets from ending up in the hands of people not directly chosen;
o Support for charitable causes through support of a non-profit organization;
o Respect for one's own will by indicating one's own choices
o Absence of taxes on solidarity bequests
Like donations, inheritances donated to the Foundation are not subject to taxes.
– No wrong to relatives thanks to the legitimate share
The Italian legal system establishes that a part of the inheritance, defined as “legitimate”, is rightfully due to the closest relatives. They should not be forgotten when drafting your will and it is necessary to inform them of the rights and duties of a fiscal nature.
Types of wills:
There are two main types of ordinary wills:
– Holograph
– By deed of a notary (public or secret)
The holographic will
In order to be valid, the holographic will must be handwritten by the testator (without a computer, typewriter or through third parties) and contain the date (day, month, year). The presence of witnesses or a notary is not necessary during the writing. The will can be written on any sheet of paper. It is preferable to write the holographic will in duplicate and deliver one copy for safekeeping to the major beneficiary, to a trusted person or deposit it in a notary's office, so that the document does not risk being lost.
How to modify a holographic will
The holographic will can be modified or revoked at any time by the testator. It is sufficient to include in the most recent document the formula: "I revoke all my previous testamentary dispositions."
The will by deed of a notary
1. Public
For this type of document, the presence of a notary is required, who directly draws up the will and reads it to the testator and the witnesses (two). The public will must be signed by the testator, the witnesses and the notary, who must keep it and guarantee the correct articulation of the provisions. Furthermore, the notary must certify the testator's capacity to understand and to want.
2. Secret
This formula is rarely used today. The content of the document remains unknown even to the notary who receives it, sealed in an envelope, in front of two witnesses. The secret will can be typed or computer-written, must be dated, signed and sealed in a closed envelope with the notary's stamp, who must keep it.
For any questions you can contact our legacies representative:
email: lasciti@fegato.it
tel. +39 040.3757840
