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Leaving a Legacy to Eton 

If you are thinking of leaving a legacy to Eton, thank you. Rest assured that no matter the size of the gift, it will make a real difference. You will also be welcome to join our Henry VI Society and you and your partner will receive invitations to events at the College. You can find out more about the Society here. 

There are four types of gift that can be included in your Will or in a Codicil to an existing Will:

1. Residuary Legacy
A residuary legacy is the gift of the remainder of your estate (or a percentage of the remainder) after all other gifts to family and friends have been distributed and all other testamentary debts and expenses have been paid. A residuary legacy increases in line with inflation.

2. Pecuniary Legacy
A pecuniary legacy is a gift of a specific sum of money. When making a pecuniary legacy it is possible for you to index-link the gift in order to ensure its intended value over time. 

3. Specific Legacy
A specific legacy refers to the gift of a specific asset (for example, stocks and shares, property, life insurance policy or jewellery) rather than a monetary amount. Eton College has benefitted from many specific gifts over the years.

4. Reversionary Legacy
A reversionary legacy is effectively a postponed gift. It allows a specifically named person(s) to benefit from your estate (or part of it) during their lifetime and on their death, your estate (or part of it) then passes to Eton College.

As your Will is one of the most important documents you will ever make, Eton College recommends that you consult your legal advisers before drafting a new Will, updating an existing one or making other plans for your estate.

How Eton can benefit and tax efficient giving

We will steward your generosity towards the areas where they are needed most and will always do what we can to ensure that any wishes expressed by you are respected.  

Eton College is a registered charity (charity number 1139086) and accordingly, all legacies made to the school are exempt from UK Inheritance and Capital Gains Taxes. Under current rules, if you leave 10% or more of your chargeable net estate to charity, the Inheritance Tax rate on the whole of your taxable estate is reduced from 40% to 36%. 

Legacy Pledge Form

Codicil Form

For further information contact our Legacy Manager, Victoria Farmer at +44 (0)1753 370 636 or V.farmer@etoncollege.org.uk