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Gift Bond
Gucci_3
Posts: 16 Forumite
My Mum set up 2 x 60k gift bonds to avoid inher Tax in June 04.
Unfortunately we lost her in Dec 04.
We dont know what to do......
If we cash in then we have to pay total 10k to cancel them.
I have not got a clue about investing money and dont know whether to keep them running ?
Also if we sell them plus mums house then after inher tax I will have 100k to invest......would it be best pay 100k off our 170k mortage or invest elsewhere ?
Unfortunately we lost her in Dec 04.
We dont know what to do......
If we cash in then we have to pay total 10k to cancel them.
I have not got a clue about investing money and dont know whether to keep them running ?
Also if we sell them plus mums house then after inher tax I will have 100k to invest......would it be best pay 100k off our 170k mortage or invest elsewhere ?
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