The simple answer is: yes.

Your donation will be taken off the value of your estate before Inheritance Tax is calculated. Additionally, if 10% or more of your estate is left to charity, your Inheritance Tax rate may also be reduced to 36%.

Find out more on the HMRC website.

If you already have a will and would like to include us, you can use our codicil form. A codicil form gives you a simple way to make small changes to your existing will.

We would always recommend using a qualified solicitor when using this form.

Codicil form for the fitzwygram Foundation

There are several different types of gift you could consider making:

Pecuniary

You leave a specific sum of money to the Fitzwygram Foundation. However, the value of a pecuniary bequest may be eroded over time by inflation, so you may wish to consider index linking your gift to protect against this.

Residuary

You leave all or part of the remainder of your estate, after all other bequests have been made and any debts and expenses have been paid, to the Fitzwygram Foundation. This sort of bequest would protect the value of your gift, as the value of the gift would increase in line with the value of your estate.

Specific Bequest

It may be that you would like to bequeath something other than money to the Fitzwygram Foundation, for example property, shares or other valuables such as a painting or jewellery.

Reversionary

In this situation you leave your assets to trustees for the benefit of friends or family members during their lifetime, with all or a portion of the capital going to the Fitzwygram Foundation after their deaths.

Conditional Bequest

If none of your other named beneficiaries survive you, you can leave your estate to a charity such as the Fitzwygram Foundation.

If you do leave a gift to us in your will, it’s your choice whether you tell us – we respect your privacy. If you’re happy to share your decision, it will help us to plan for the future.

You can let us known by emailing fitzwygram@hamptonschool.org.uk.

LET US KNOW ABOUT YOUR PLEDGE TO FITZWYGRAM FOUNDATION

Alongside their spouse/partner, everyone who leaves a gift in their will to the Fitzwygram Foundation becomes a member of the Hammond Society. Members are invited to Hampton music and dramatic performances, as well as an annual benefactors’ event. We would love to recognise your gift throughout your life, and look forward to welcoming you to the Society.

All gifts to the Fitzwygram Foundation, including legacies, transform young lives by offering compassionate and rigorous means-tested Free Places to boys who wouldn’t otherwise benefit from the Hampton experience. Fitzwygram award-holders are able to take every opportunity at Hampton thanks to support with fees, uniform, trips, music lessons, and even the bus to school.

Yes, you can make an online will. Writing your will, like most things in the world, has gone digital. Octopus Legacy’s online system was created by a solicitor and legal team, and saves you time and money when making your will. Additionally, for peace of mind, your online will is checked by their expert legal team who are available when you need help.

You can write your will or online will without a solicitor, and it’s completely legal. Octopus Legacy’s online will was built by a solicitor and expert legal team. It just requires you to input your own details to be completed.

Most likely you will need to update your online will. It is a living document that will evolve as your life and situation changes. The advantage of the Octopus Legacy online will service is that you can update it any time. This is free for the first year and only £10 per year after that., which you can opt out of at any time. Just let them know what amends you’d like to make and they’ll send you the updated version to sign with two witnesses.

You can print your online will at home. No printer, no worries. Octopus Legacy offers a print and post service for just £9.99 for exactly that reason. You’ll be given this option at the end of the process.

There are some cases where you may want to seek legal advice. If you have a complicated or larger estate then you may need a complex will. If you think this might be you, then you can speak to Octopus Legacy’s wills team on 020 4525 3605 and quote The Fitzwygram Foundation. They can help you find the best option for getting your will sorted.

If you do need a complex will, the simple aspect of the will is still free, however you’ll receive a no-obligation quote for the additional work needed.

We’ve partnered with Octopus Legacy to make it even easier to get your will sorted and for you to support the causes you care about. Giving a gift in your will can have a huge impact for charities like us, helping us to make a real difference. But writing your will can sometimes feel overwhelming and difficult so we wanted to make the process clear and simple for our supporters. We’ve therefore paid for the wills to be written at a reduced cost. While many people choose to include a gift in their will there is no obligation to do so if you wish to use this service.

You can call Octopus Legacy’s wills team on 020 4525 3605 and quote The Fitzwygram Foundation, they will ask you a few questions about your needs and will book an appointment for you to speak with a solicitor/will writer. This can be done either:

• Over the phone
• Via video call
• A home visit
• Or in office (this will be dependent on location and not always available)

Yes, a simple will is still free in partnership with The Fitzwygram Foundation when you use Octopus Legacy’s phone or face to face service. If however you have a complex estate, the will writer/solicitor will send you an non-obligated quote for the additional work and you can decide if you want to take it forward or not.

DIY Will Kits can be found at your local Post Office or stationery shop. They offer a simple guide to writing a will from scratch and are technically legally binding when signed with a witness. However, DIY Will Kits won’t work for everyone. You can learn more about Post Will Kits, their pros and cons, and the other options available here. This will help you work out what will work best for you.

Online will-writing services allow you to take the stress out of the process with easy-to-use tools and on-hand support. But their main benefit is that you can feel confident that your wishes will be followed – thanks to the fact each will is reviewed by a will expert to make sure it’s ship-shape before you sign it. This reduces the risk of your will being rendered invalid.

You’ll still need to enter your card details to finalise the transaction, even though the will is free. There won’t be any charge made to your card.

Octopus Legacy do offer a £10 a year subscription service that allows you to make unlimited changes to your will for free for the first year and only £10 per year after that.

You can cancel this service at any time.

They offer this because a will is a living document so most people update it every 5 years or every time they have a major life change. Traditionally this was really expensive – involving starting from scratch each time, or paying hefty fees for will amendments (codicils).

Their will subscription service allows you to easily amend your will at any point AND save money over time (even if you only update it every 8 years).

To cancel your subscription, you’ll need to go to your will dashboard (https://octopuslegacy.com/will/dashboard) then on the right-hand side you’ll see a little question mark next to ‘Resubmit for checking’.

If you hover over that question mark, there should be a prompt to “Manage my subscription” and there you’ll find steps on how to cancel the subscription service.

Octopus Legacy offers a bundle deal when writing your will, so you can also get your Lasting Power of Attorney sorted for only £50 (normally £120), if you don’t want an LPA you can simply remove this from checkout.