Gifts to beneficiaries can include items of sentimental value or heirlooms. They can also be specific amounts of money, otherwise known as a pecuniary legacy. These can be left to loved ones or a charity. You can index-link pecuniary or cash gifts ensuring that they keep their value over time.

If you choose to leave money to a charity, your solicitor will check it’s name, address and registered number to ensure your gift is received correctly. Gifts made to a charity could also reduce your tax burden. You could also avoid inheritance tax altogether by pledging to give everything above the Inheritance Tax threshold to charity.