Will

Will

It is not pleasant to deal with the subject of death. But if you want to do posterity a good turn with your last will and testament, you should make provisions for this in good time in a will. This is particularly important if all or part of the assets are to be used for a charitable purpose. Otherwise, if you have no relatives to whom the statutory succession applies, the state will inherit in the event of your death.

The Balthasar Children's and Youth Hospice Foundation does not pay inheritance tax on endowments and trusts that are made as part of a testamentary disposition, meaning that 100% of your inheritance will benefit children and families.

Information for lawyers
If a person - e.g. as part of a will - would like to benefit the Balthasar Children's and Youth Hospice, we would of course be delighted.

There are 2 options for the legally correct designation:

  1. The Kinder- und Jugendhospizstiftung Balthasar, Maria-Theresia-Str. 42a, 57462 Olpe is a legally independent foundation whose statutory purpose is the financial support of the children's hospice. A bequest increases the foundation's assets in the form of an endowment and the Balthasar children's and youth hospice is permanently supported from the foundation's income. Benefiting the Balthasar Children's and Youth Hospice Foundation therefore means long-term help.
  2. The Balthasar Children's and Youth Hospice, Maria-Theresia-Str. 30a, 57462 Olpe (run by the GFO - Gemeinnützige Gesellschaft der Franziskanerinnen zu Olpe mbH) can also be a direct beneficiary. In this case, the bequest will be used relatively quickly for the work of the organisation, i.e. it represents short-term support.

Both types of support are equally necessary and important for the work with seriously ill children and young people!

We have summarised further information on wills for you in our wills guide.