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Remembering The King’s School Worcester Development Trust in your Will
There are so many children with talent and an enthusiasm to learn, but so many cannot afford a King’s education without a life changing bursary. The applications each year outnumber the funds available. Our bursaries, from 10% to 100%, are means tested. Your gift is an investment in future generations, which will reap rewards long into the future.
Our aim is to encourage you, and other members of our King’s community, to leave a gift in your Will.
Joining together, we can build up life changing funds ready to distribute to those in real need and showing real promise. Your gift will last for generations, well into the future.
Until thirty years ago, a third of all bursaries were paid for by direct grants and assisted places. From 30% to 0% in one generation. Now it is up to our community to build funds to transform lives long into the future.
Your Will secures the future of those you love. It can do the same for talented young people studying at King’s.
Maybe you feel you cannot afford a gift in your Will? Even a 1% gift, so those you love inherit the remainder, will make 100% of a difference to King’s pupils.
Making a Will is an important step, and it is recommended that you seek the advice of a solicitor. If you would like to discuss any particular legacy requests to King’s in confidence, please contact the Alumni office on alumni@ksw.org.uk or 01905 721737. Alternatively, should you wish to talk to us in person, we would be delighted to meet with you.
How to make your gift happen:
The only information your Will writer needs is:
- Our Registered Charity Number: 527530
- Our Registered Charity Name: The King’s School Worcester Development Trust.
The only decision you have to make is the type of gift you want to make which can be:
Any percentage of your estate, from 1% to 100%, whatever suits you
Or
An affordable sum of money.
Inheritance tax savings
A gift to King’s in your Will may save on the inheritance tax payable on your estate, but please take professional advice.
Every gift will step up our power to transform lives. That power lies in your hands.
The 1541 Society
To thank those who have let us know that they are leaving a gift to King’s in their will, we have created the 1541 Society. Members are invited to special School events throughout the year, including an event in the spring, where the Headmaster talks about current activities and future plans for the school.
So that we can invite you to join the 1541 Society, you can download a Legacy Pledge Form here, letting us know, in complete confidence, about your legacy and your wishes. Indicating your support on this form is encouraging to the School but it has no legal consequences. It does not limit your freedom to alter your will in the future and is simply a statement of your present intentions.
Well, we've earned it all legally, paid our taxes etc. As Christians, we've been involved with a lot of charities, either by having their newsletters and giving donations; supporting friends financially who are missionaries, both in the UK and abroad;
or by being trustees of charities. So we decided that charities would be the best beneficiaries when it came to doing our wills. As a chartered accountant in practice, I knew the tax rules- that whatever is given to charity would reduce the amount of inheritance tax which would go to the government. So we have designed our wills in such a way as to be tax free at our deaths. One of our mantras is 'The greatest use of life is to live it for something that will outlast it'. Think about it, and do something for the future. One thing you could do is to give to King's School as part of their bursary scheme.
