Leave a legacy

Find out about leaving a legacy to The King's Fund:

How your legacy will make a difference

By leaving a legacy to The King's Fund in your will, you have made the decision to be part of the future of health care in England.

You will be helping us improve the way health and social care in England is organised, funded, and delivered and your legacy will allow us to support individuals, teams and organisations to improve health and care.

Most importantly, your legacy will allow us to maintain our status as a key independent voice in health and aid us in pursuit of our goal of the best possible care being available to all.

What kind of legacy can I leave?

You can leave The King's Fund a share of your estate, a sum of money, or a specific item. Please contact us if you are considering other, more complex forms of legacies or estate planning.

Because we are a charity, the value of your gift will be deducted by HM Revenue and Customs from the value of your estate before any inheritance tax liability is calculated – so what might have had to be paid in tax can instead be diverted directly to ideas that change health care.

Can I define how my gift is used?

In most cases, supporters state in their will that they are happy for The King's Fund to decide how to use their legacy, allowing us to utilise their gift in an area we feel it would have the most significant impact.

If you would like to specify an area of work you would like to support or would like to leave a restricted gift, please contact Kieran Cornwell, Corporate Partnerships Manager, on k.cornwell@kingsfund.org.uk or 07818 593448, to talk this over with us.

I want to give a portion of my estate

After you have ensured your family and friends receive exactly the percentage of your estate that you want them to, you may wish to leave a percentage of what is left to the Fund. This is called a residuary gift.

Suggested wording for a residuary gift

I give __ per cent of my residuary estate to The King's Fund, 11-13 Cavendish Square, London W1G 0AN for its general purposes and I declare that the receipt of an authorised officer shall be full and sufficient discharge to my Executors.

Leaving a sum of money

A gift of a specified sum of money is called a pecuniary gift. You can arrange for it to be 'index-linked' so that its value doesn't get eaten away by inflation over the years.

Suggested wording for a pecuniary gift

I give the sum of £__ to The King's Fund, 11-13 Cavendish Square, London W1G 0AN for its general purposes and I declare that the receipt of an authorised officer shall be full and sufficient discharge to my Executors.

Suggested wording for a pecuniary gift that keeps up with inflation

I give the sum of money produced by dividing the sum of £__ by the index figure in the Index of Retail Prices ('the Index') for the month in which this will is executed and (having made allowances for any re-basing of the Index which may have happened in the meantime) multiplying it by the Index figure in the Index for the month in which my death occurs, to The King's Fund, 11-13 Cavendish Square, London W1G 0AN for its general purposes and I declare that the receipt of an authorised officer shall be full and sufficient discharge to my Executors.

Giving a specific item

Sometimes people wish to leave us a specific asset from their estate. This might be a portfolio of shares, or the proceeds from the sale of a house.

Suggested wording for the gift of assets

I give ______ to The King's Fund, 11-13 Cavendish Square, London, W1G 0AN and I declare that the receipt of an authorised officer shall be full and sufficient discharge to my Executors.

Suggested wording for the sale of assets

I instruct my executors to sell for the best possible price the following: ______ and to give the net proceeds free of all tax to The King's Fund, 11-13 Cavendish Square, London W1G 0AN for its general purposes and I declare that the receipt of an authorised officer shall be full and sufficient discharge to my Executors.

What should I do now?

There are various options when it comes to making your will, but we recommend consulting a professional. A professional will ensure that all the legal formalities are correctly followed and that your will is valid.

You can find a solicitor in your area through the Law Society. Professional will writers are another option, but they are currently less regulated than solicitors. It is important to check that they belong to a professional body and follow a code of conduct. The Institute of Professional Will writers is just one of the bodies that can help you find a will writer in your area. Many high street banks are also able to assist with will writing.

Codicil form

If you have already made a will you can make a simple addition or change by adding a codicil. The codicil will need to be signed and witnessed in the same way as your existing will and should then be stored with the original copy of your will.

We suggest that you check any alterations to your will with your solicitor.

Click here to download The King's Fund Codicil form.pdf