Key factsFind out more about our purpose and our role within the legacy sector.
- ILM was established in 1999 to provide individual legacy professionals with training services and a network of support, and today represents over 300 charities and not-for-profit organisations.
- ILM works to ensure that legacy gifts received by UK charities each year is managed in accordance with donors’ wishes and in compliance with the Law.
- According to Smee and Ford, 6.1% of the population leaves a bequest in their will, and legacy income is now between £2.8bn and £2.9bn
- In 2017 15.6% of the value of charitable estates (donor wealth) went to charities, with 36,445 estates containing a gift to charity (Smee & Ford).
- It is estimated that a 4% growth in legacy giving could raise an extra £1 billion for UK charities. http://www.rememberacharity.org.uk/solicitors-will-writers/who-we-are/charitable-legacies/
- The number of deaths in the UK is likely to rise 20% over the next 20 years, resulting in a probable increase in legacy gifts left to charities. http://www.bbc.co.uk/news/education-32349490
Position statements on key issues
Head to our news page to find out our position on the following issues:
Possible changes to probate fees
Ilott v Mitson – Supreme Court verdict
Our response to the Law Commission consultation on Wills
The value of the legacy management profession
The growing importance of legacy income