Leaving a legacy
Making the gift of a lifetime
Deciding to leave a gift to the School in your will is a very important step. For most people, a legacy is the greatest gift that they can make – it is not only the gift of an education, but a gift of a lifetime.
Every gift makes a difference and every choice is personal
Legacy gifts can provide support to the School as a whole through:
- the continued provision of excellent standards of teaching and facilities for future pupils
- the provision of bursaries to bright and talented pupils who, without financial assistance, would not otherwise be able to attend the School
Equally, we recognise that you may wish to specify how your legacy will be used. For example, you may choose to support a specific area of School life which reflects what has been important to you through your own life, be that sport, music or any area of academic study with which you have a particularly affinity.
Discussing your plans
A will is a very personal matter and we of course understand if you would prefer to keep your intentions private. However, it can also be useful for the School to know of your plans, as this ensures that we are able to thank you personally and keep you informed about the impact your gift could make, as well as keep you up-to-date on developments at the School. Additionally, the School recognises and expresses its gratitude to legators by inviting them to join the Blake Odgers' Society. Members of this legacy society and their partners are invited as VIP guests to prominent School events and receive copies of key School publications, such as The Edwardian.
If you are considering leaving a gift in your will to the School, we would be pleased to discuss your intentions with you – regardless of whether you consider the gift to be large or small. We would like to assure you that this does not commit you in any way and that all discussions will be treated completely confidentially.
To help you, we have included some information on the most common types of legacies and making changes to an existing will.
As a registered charity, King Edward’s School is exempt from inheritance tax on legacies. This means that, if you decide to leave a legacy to the School in your will, you can reduce the inheritance tax liability of your estate.
We advise that anybody wishing to leave a legacy to the School seek professional advice about minimising the taxation burden on their estate, as well as on the wording of their will, in order to ensure that their intentions are properly recorded.