Donate SIGN UP

inheritance problem

Avatar Image
pedro1888 | 17:07 Sat 18th Aug 2007 | Personal Finance
2 Answers
gran has left me her house in her will.worth about 200,000 pounds.what is best way to invest and how can i avoid taxman if possible.
Gravatar

Answers

1 to 2 of 2rss feed

Best Answer

No best answer has yet been selected by pedro1888. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
You can't avoid the taxman. Inheritance tax, if any, will be paid before you get it.

Sorry, I don't do general investment advice. For that sort of sum you probably need to consult an IFA if you've next to no knowledge or experience. He will be able to shield some of the income from tax.
It's the basics initially - use your ISA allowance for tax free savings and investments. After that, as dzug says, seek advice - www.unbiased.co.uk will give you a list of IFA's.

1 to 2 of 2rss feed

Do you know the answer?

inheritance problem

Answer Question >>