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Gifts
You can make gifts to
reduce you liability
These gifts must be
full and final with no reservation so you cannot get the
money back or enjoy benefit from the gift.
These include
Charities
Gifts to registered UK charities this can including religious bodies, Educational
establishments, medical research Art Gallerys, Museums, cats
homes or even Save the Narwhale.
If they are registered
then that's it - it can also include charities not so
registered the definition being 'any body of persons
established for charitable purposes only' If in any doubt
contact the charity you are considering and confirm their
status they will be very pleased to hear from you and first
at the door on your demise
UK National Bodies
These include
Most national Museums
and Art Galleries, The National Trust etc again check if in
doubt You can also make gifts to some Health services,
Universities and colleges and Local Authorities.
Bizarrely you can also make gifts to any government
department - perhaps the Inland Revenue might be good choice
- or not
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