ILM's Good Practice Guidance

reflects our members’ commitment to fulfilling donors’ final wishes

ILM’s Good Practice Guidance provides a set of Principles for legacy management, offering an ethical framework for
legacy professionals. This guidance is designed to support legacy professionals to make better ethical decisions, further improve engagement with stakeholders, and consistently act in a professional manner. 

The ILM Good Practice Guidance establishes a set of five core principles for legacy professionals, offering an ethical framework for the sector: Sensitivity, Transparency, Integrity, Collaboration, Informed. These reflect the key challenges faced by legacy professionals and act as an ethical framework for our work.

In addition, the detailed Guidance Notes further set out ways in which these principles can be applied to different areas of our work.

If you are an ILM member, you can also access the Guidance Toolkit and download the full Good Practice Guidance document in the members only area of this site. If you are not yet a member, find out how to join us.

We developed the guidance with a taskforce of professionals from across the legacy management field, and in collaboration with its members, to share best practice in areas ranging from communication with lay executors, solicitors and other charity beneficiaries, to tax considerations, and possible claims against an estate.

We want the guidance to evolve over time, and we welcome your feedback and comments.

If you have any questions about the guidance, or would like to make any comments or suggestions, please email comms@legacymanagement.org.uk