What are the tax implications? Do I have to pay inheritance tax?

If you leave a gift to a charity in your Will its value is deducted from your estate before inheritance tax is calculated. If you leave at least 10% of your estate to charity, it can reduce the inheritance tax on the rest of your estate. Ask your will-writer for further details.

Previous Post
First anniversary of Genoa ship collision
Next Post
I’d like to add a gift to charity to my Will but don’t want to rewrite it. Is there something that I could do myself?