Hannah Dart, Of Counsel in Mishcon de Reya's Private Wealth and Tax team, has contributed to The Times on estate planning and the benefits of including charitable gifts in your Will. She explains that gifts to registered charities are exempt from inheritance tax, which can benefit both your chosen causes and your finances.
Hannah emphasised the value of specifying a percentage to maximise tax benefits and quoted that "all the considerations about leaving a gift to charity in your Will mean nothing if you don’t have your Will in place".
Read the full article