Legacies: Our Past, Their Future

A legacy gift is one of the simplest and greatest gifts you can make to Clayesmore. Whilst few of us are in a position to make a significant gift during our lifetimes, we are able to provide for the future through our Wills.

We are hugely indebted to those who have recognised the importance of providing for the long term financial support of Clayesmore in this way and all those who advise us of their intention to make a legacy gift to the School are recognised as members of the Desmond Coke Society.

The generous bequest made in 1931 by Clayesmore Master and author, Desmond Coke, enabled a huge amount of important building and reconstruction to take place in the School’s early days at Iwerne Minster, and it seems very fitting to name a group of like-minded people of the present age after him.  All those who have pledged legacy support to the School will be invited to an annual lunch so that we can acknowledge their generosity and thank them in person.

If you have already remembered Clayesmore in your Will, or intend to in the future, we’d love to hear from you. Not only will this help us make plans for the future but, more importantly, it means we can thank you properly for your support. Contact Sarah Kerr in the Development Office on 01747 813177 or email skerr@clayesmore.com.

“My time at Clayesmore was both enjoyable and challenging. I am grateful for its gifts to me of the continuing interests above and beyond the curriculum and the friendships that I made, which have endured for over 50 years. I’ve since made contributions to the growth and development of Clayesmore life as a member of Council and a parent, as well as having a long term connection and involvement with managing the Old Clayesmorian Society. It seemed to me now these activities have run their course that it was time to make a financial contribution to the Desmond Coke fund for the benefit of future pupils, in the hope and expectation they will get as much out of their association with Clayesmore as I have done. I am quite sure they will.” Stephen Levinson (1962 – 1967)
 
To remember Clayesmore School in your Will you must quote our Registered Charity Number 306214. If you have already made arrangements, you can make a simple addition by Codicil.  Please take professional legal advice and inform the executors of your Will of your intentions.

Thank you very much for considering supporting Clayesmore with a legacy;  your generosity helps us ensure that future Clayesmorians will benefit from all that an education here can offer.  We recommend that you consult your solicitor or financial advisor about the implications of making changes to an existing Will as they will be able to offer specific guidance about your personal situation.

Reducing your inheritance tax bill by leaving a legacy to Clayesmore

All bequests to Clayesmore are exempt from Inheritance Tax. Current UK legislation rewards a gift of 10% of a deceased’s estate to charity by reducing the rate of Inheritance Tax paid on an estate from 40% to 36%

Therefore the estate’s beneficiaries would forego £4,200 but the charity would benefit from a total of £17,500