A gift to a registered charity in a Will brings with it favourable tax exemptions and reliefs, with Inheritance Tax as an obvious example.

As a general rule, gifts to registered charities under the terms of a Will are wholly exempt from Inheritance Tax. If one or more charities are the only beneficiaries of the Will, then no Inheritance Tax will be paid from your Estate.

In the case of a mixed residue, where part of your Estate is given to relatives and friends, the liability to Inheritance Tax can be reduced by including a bequest to a registered charity.