ILM's Good Practice Guidancereflects 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.
- Our Principles
- Guidance Notes – Claims against the estate
- Guidance Notes – Communications following receipt of gifts
- Guidance Notes – Income Recognition and Accruals
- Guidance Notes – Initial communications after notification of gifts
- Guidance Notes – Tax
- Guidance Notes – Working with lay executors
- Guidance Notes – Working with solicitors
- Guidance Notes – Working with multiple charities
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 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 firstname.lastname@example.org