Leave A Lasting Legacy
Since Mill Hill first opened its doors over 200 years ago, we have been the fortunate and very grateful beneficiary of legacy gifts left by Old Millhillians, staff and friends of the School. Our School is the living legacy of their generosity. We hold our legacy donors in extremely high regard and are immensely grateful to all those who choose to remember us in this way.
The 1807 Society
We are particularly grateful when alumni and friends choose to inform us of their intentions to leave a gift in their will. The 1807 Society brings together all those who have included Mill Hill School in their will and care deeply about its future. Named after the year the School was founded, the Society is our way of thanking our members.
Will Writing Services
Mill Hill School offers a free will-writing service. To find out more, please contact the Development office at development@millhill.org.uk
Legacy Brochure
Please download our Mill Hill School legacy brochure here to find out more about leaving a gift in your will, or contact us for a hard copy.
FAQs
Legacy Pledge Form
How the 10% rule affects a £500,000 estate without a gift in your will
Gross Estate | £500,000 |
Less nil rate band | -£325,000 |
Net estate | £175,000 |
Charitable donation | £0 |
Taxable estate | £175,000 |
Less IHT at 40% | £75,000 |
Remaining estate (inc. nIl rate band) | £430,000 |
In the example, the estate's beneficiaries would forego the sum of £4,200 (less than 1%) while the charity, or charities, would benefit from a gift of £17,500.
How the 10% rule affects a £500,000 estate with a gift in your will of 10%
Gross estate | £500,000 |
Less nil rate band | -£325,000 |
Net estate | £175,000 |
Charitable donation of 10% | £17,500 |
Taxable estate | £157,500 |
Less IHT at 36% | £56,700 |
Remaining estate (inc. nIl rate band) | £425,800 |
*Correct at time of going to print (spring 2024)