Make a difference for generations to come.
Legacy gifts are directed to our Assisted Places Endowment Fund – an invested fund whose income helps fund Assisted Places in perpetuity, helping KES boys for generations to come.
As a thank you, all those who pledge a legacy are invited to become members of the 1552 Society, and will receive donor communications and invitations to events and functions throughout the year.
For more information, email us at development@keschools.org.uk.
Types of Legacy
There are a number of types of legacy that you can give and your solicitor will be able to advise you of these in more detail.
Residuary Legacies
A Residuary Legacy leaves all or part of your estate remaining after all other bequests have been made and expenses have been met. This is the safest way to ensure your legacy retains its value.
Pecuniary Legacies
A Pecuniary Legacy leaves a specified, set sum of money. You can index link the amount to the Retail Price Index to avoid the problems associated with inflation.
Specific Legacies
A Specific Legacy leaves a specified possession which you gift to the Trust. This may be in the form of property, valuables, works of art or stocks and shares.
‘In my Will I have ensured that a legacy will see that boy through to the end of his schooldays. It is the least I can and want to do.’
Alf Manders 1954
Legacy FAQs
There are a number of common questions surrounding legacy giving. Summary information is given below; please also consult your legal or financial advisor.
What is the 1552 Society?
To recognise the generosity of those who remember KES in their will during their lifetime, we have established the 1552 Society. All legacy donors are entitled to become members of this Society and will receive all donor communications and invitations to special events every year. Members of the 1552 Society can also appear in our donor lists in published Impact Reports.
Can I change my existing will?
Yes, it is possible to change an existing will. A typical method of doing this is with a codicil – a document that amends your will. If you are changing your will through a codicil, it is advisable that you seek advice from a solicitor.
What about Inheritance Tax?
At the time of writing this FAQ, a gift to a registered charity made in your will can either: be taken off the value of your estate before Inheritance Tax is calculated; or reduce your Inheritance Tax rate, if 10% or more of your estate is left to charity. For more information, visit gov.uk or speak to your solicitor.
Can I leave a legacy to another project at KES?
Of course, we’d be happy to discuss other projects that are going on at School. Please get in touch via development@keschools.org.uk
Can The Trust claim Gift Aid on my legacy?
Legacy donations are not eligible for Gift Aid. However, there may be Inheritance Tax benefits to leaving a gift to charity in your will. For more information, visit gov.uk or speak to your solicitor.
I’m a beneficiary – can I change a will?
At the time of writing this FAQ, you can change a person’s will after their death, as long as any beneficiaries left worse off by the changes agree. This includes making changes to reduce the amount of Inheritance Tax payable. For more information, visit gov.uk or speak to your solicitor.
