If you want to leave a legacy after you are gone, but your family and friends are already comfortably wealthy, buying sports club furniture for an amateur team could be one way to maximise what you leave behind.
Typically when you leave a large estate, inheritance tax is charged on your money and assets before they can be divided up according to your will.
As a result, a sizeable percentage of what you want to bequeath can end up in the government's coffers - and there is little you can do about it.
One thing you can do to avoid incurring inheritance tax is to leave some or all of your estate as a charitable legacy, which is not subject to IHT.
First, you should know the net value of your estate - equivalent to everything above the £325,000 'nil rate' of IHT, less any debts and liabilities, reliefs and exemptions (such as if you leave anything to a spouse or civil partner).
You don't need to pay IHT on gifts to charities, universities, museums and community amateur sports clubs, so if you have an affiliation with a local team, you could leave them funds for new sports club furniture, for instance.
And if you bequeath more than 10% of your net estate to charity, you can qualify for a reduced IHT rate of 36% on some assets.
There are plenty of benefits to making this kind of decision when writing your will, including some you can enjoy while you are still alive.
For instance, there is the knowledge that you are helping a worthwhile cause - perhaps even a sports club run by a friend who you would like to help out, or just a team you have supported throughout your life.
You also know you are maximising the impact of your legacy; leave enough and you might even get a pavilion or clubhouse named in your honour, and even if not, you still know your money is going further than it might if you leave it to family and friends who are already well off.
And after you are gone, a deserving team get a windfall for new club furniture and other equipment, without the taxman getting his hands on a share of the proceeds.