We would be delighted to discuss your wishes and help you achieve your future legacy with your gift in your will to Kingston University.
You can specify precisely what you want your gift to support or you can leave this for future University leaders to decide. Informing the University about your legacy is not binding in any way and you can change your mind.
If you have decided to leave a legacy gift, but already have a will, you can make an addition to your existing will through a codicil.
By remembering Kingston University in your will, you may be able to reduce the taxable value of your assets and so lower the amount of inheritance tax due on your estate.
The Inheritance Tax Threshold (IHT) is £325,000 as at July 2020. If the total value of your estate is above this threshold, it will be subject to IHT. As Kingston University has charitable status, a gift in your will would be exempt from IHT. The gift will be deducted from your estate before IHT is calculated, and so reduce the amount of IHT payable.
If you leave charitable gifts in your will that amount to 10% or more of your chargeable net estate, the IHT rate on the whole of your estate will be reduced from 40% to 36%.
Your solicitor will be able to offer you further advice and guidance on efficient tax planning.
Please check the GOV.UK website for further information.
When making a gift in your will to Kingston University, please include are our name, our address and exempt charity status:
Kingston University
Higher Education Corporation of River House
53-57 High Street
Kingston upon Thames
Surrey KT1 1LQ
Kingston University has charitable status for all UK tax purposes and is an 'exempt' charity under Schedule 3 of the Charities Act 2011 and under the terms of the Education Reform Act 1988. Consequently, it does not have a registered charity number.
Janice Larden-Price
Head of Alumni and Supporter Engagement
Development, Alumni Relations and Engagement,
Kingston University
Crescent House
Penrhyn Road
Kingston-upon-Thames,
KT2 2EE
Tel: +44 (0)208 417 4326
Email us
Janice Larden-Price
Head of Alumni and Supporter Engagement
Development, Alumni Relations and Engagement,
Kingston University
Crescent House
Penrhyn Road
Kingston-upon-Thames,
KT2 2EE
Tel: +44 (0)208 417 4326
Email us