Giving in your Will
Legacies – both large and small – have helped shape Magdalen today. Giving in your Will offers a unique and genuine opportunity to make a huge and lasting impact.
Legacies made to Magdalen College are exempt from Inheritance Tax in the UK and are simple to put into effect by adding a codicil or making a revision to your will. It is worth bearing in mind that, under current UK legislation, a deceased’s estate that gives at least 10% to charity will receive a 10% discount on the amount of Inheritance Tax paid (ie 36% rather than 40%). Independent legal advice is essential in ensuring a legacy is made in the most appropriate and tax-effective way.
A legacy to Magdalen should refer to the College by its full official title:
Magdalen College, Oxford. Charity number 1142149.
We are exceptionally grateful to our alumni and friends who make this most personal of gifts. In gratitude, we invite our Legators to join the Fastolf Society which is part of our Benefactors’ Recognition Programme.
If you would like to discuss making provision for Magdalen in your Will, in confidence and without obligation, please contact:
Tel: +44 (0) 1865 286682