Feb 9 2026 | Facts & Figures, ILM news, Legacy news, Legal update, News
On 28 January, the House of Lords published their report on proposals laid out in the Finance Bill 2025-26, raising concerns about what the proposed reforms will mean in practice. The Finance Bill sets out proposals for reforms to inheritance tax, unused pension funds...
Jan 12 2026 | Facts & Figures, ILM news, Legacy news, Legal update, News, Probate
Representatives from ILM attended the most recent HMRC Trusts and Estates Advisory Group on 3rd December. We are able to report and confirm the following items of relevance to our members. The nil-rate band, residence nil-rate band and the £2 million starting point...
Dec 1 2025 | Facts & Figures, ILM news, Legacy news, Legal update, News
We are delighted to have had the following communication from HMRC, addressing one of our major concerns about the implementation of unused pension pots becoming eligible for IHT. “We are writing to you as an attendee of a previous HMRC workshop on Inheritance Tax...
Nov 3 2025 | Facts & Figures, Legacy news, Legal update, News
The new Charity SORP (Statement of Recommended Practice) Regulations have now been published. You can access them here: Charities SORP 2026.pdf The key section for ILM members is Module 5, dealing with the recognition of legacy income. You can also access the guidance...
Oct 27 2025 | Charities, Facts & Figures, Feature, ILM news, Legacy news, News
As part of this year’s Love Your Legacy Manager campaign, we asked members to share insights into how they feel about their salaries. Using benchmarking figures derived from advertised salaries for sector job listings, we asked members to tell us how their...
May 19 2025 | Events, Facts & Figures, Feature, ILM news, News
On Friday (16 May) the Law Commission published its final Report: Modernising Wills Law which consists of Vol I: Report and Vol II: draft Bill for a new Wills Act. The Commission says the reforms are intended to ensure that the law governing Wills remains fit for...
