# Legacy income up 10%, reveals Legacy Monitor

- Link: https://fundraising.co.uk/2016/08/11/legacy-income-10-reveals-legacy-monitor/
- Published: 2016-08-11T08:36:24+01:00
- Author: Melanie May

**Total legacy income rose by 10.2%, while notifications increased by 5.5% in the
12 months to June 2016, according to [Legacy Foresight](http://www.legacyforesight.co.uk/)’
s Legacy Monitor, revealed in its latest quarterly Bulletin.**

The figures are based on [Legacy Monitor](http://www.legacyforesight.co.uk/Legacy%20Monitor%20Prospectus%202016.pdf)’
s 78 Consortium members, which received legacy income of £1.41bn and 52,200 legacy
notifications.

Set up in 2008, the Legacy Monitor is a consortium research programme to analyse,
benchmark and debate trends in the legacy market. It incorporates an annual review
of trends in the legacy market, and a quarterly benchmarking service. This year’s
programme benchmarks 78 of the UK’s leading charities (the Consortium members), 
who together account for 52% of the legacy market.

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According to Legacy Foresight, growth rates have improved significantly since the
last quarterly Bulletin, helped by a resilient pre-referendum property market, which
saw UK house prices rise by 7.2% in the second quarter of 2016, and climbing share
prices.

An increase in deaths in winter 2014/15 is also driving the rise in legacy incomes
this year, as the residual bequests notified last autumn pay out, while average 
legacy values – both residual and pecuniary – reached record highs this quarter,
topping £60,000 and £4,000 respectively.

However, Legacy Foresight warns that the data does not cover the fallout from Brexit.
Its latest forecasts suggest that legacy market growth rates will fall, averaging
2.6% per annum over the next five years, while this time last year it was predicting
4% per annum.

 * **[Legacy Link joins forces with Legacy Voice](https://fundraising.co.uk/2016/08/31/legacy-link-joins-forces-legacy-voice/)**(
   31 August 2016)
 * **[Alzheimer’s Society receives £1 million donation from individual supporter](https://fundraising.co.uk/2016/09/05/alzheimers-society-receives-1m-donation-individual-supporter/)**(
   5 September 2016)
 * **[What happens to Wills?](https://fundraising.co.uk/2016/10/10/what-happens-to-wills/)**(
   10 October 2016)

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