Crossword Genius

Folk legend in The Palace (4)

Ross

I believe the answer is:

king

I'm a little stuck... Click here to teach me more about this clue!

'the palace' is the definition.
The definition and answer can be both man-made objects as well as being singular nouns.
Perhaps they are linked in a way I don't understand?

'folk legend' is the wordplay.
'folk' becomes 'kin' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'legend' becomes 'g' (leg-end - end letter of 'leg').
'kin'+'g'='KING'

'in' is the link.

Can you help me to learn more?

(Other definitions for king that I've seen before include "Mythical monarch commemorated by 1" , "indispensable on board" , "as Solomon was" , "Most important chesspiece" , "Legendary monarch" .)

I've seen this clue in the Irish Times.
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