inheritance problem

pedro1888 | 16:07 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.

money that i have been credited twice

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dzug

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.

EverClean

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.

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