Leave a Legacy
Have you ever considered including the Royal Opera House in your will?
Outstanding performers, rising stars, moving productions, the Royal Opera House would not be what it is today without the support of generations of arts lovers who have been touched by what they have seen and heard. We would like to invite you, in whatever way you can, to continue their legacy by leaving one of your own.
By remembering the Royal Opera House Endowment Fund in your will, you too will ensure that the finest in opera and ballet can be enjoyed by future generations. It can also be an effective way to reduce inheritance tax.
How do I include the Royal Opera House in my will?
It is very simple to include a legacy to the Royal Opera House in your will. You can make a gift of a specified sum of money or a gift of a proportion of your residuary estate. Another way is to make a bequest of one or more specific items of your property or a gift of shares. If you have already made your will but decide to include the Royal Opera House, you may wish to add a codicil which is a separate legal document that makes changes or additions to an existing will.
As the Royal Opera House Endowment Fund is a registered charity, no inheritance tax is payable on the amount of your gift. There are tax implications in leaving the residue of your estate between charitable and non-charitable beneficiaries; for further information please consult a professional adviser.
There are four types of legacy you can use when making your will:
- A residuary legacy a percentage of your estate after other bequests have been met
- A pecuniary legacy a specific sum, the value of which can be index-linked, meaning that the value of your gift increases in line with inflation
- A specific legacy a specific gift of property, stocks and shares, works of art etc
- A revisionary legacy an excellent way to provide for your family first during their lifetime because it is paid after the death of other named persons, for example a spouse
Changes to inheritance law from April 2013 mean that if you leave at least ten percent of your estate to a charitable cause in your will, your tax contribution will fall from 40 percent down to 36 percent.
We can give you information to help you make your decision about what type of legacy to leave but we will always advise you to discuss the matter with your solicitor.
The Royal Opera House encourages everyone who plans to make a gift in their will to let us know of their intentions; this enables us to make you an honorary Baton Associate, and gives us the opportunity to thank and recognize your support during your lifetime.
To speak to someone confidentially about leaving a legacy to the ROH please contact Senior Philanthropy Manager, Margaret Andraos, email: email@example.com, tel: +44 (0)20 7212 9462.
Download the Royal Opera House information leaflet (PDF).