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Inheritance ISA
sunburnt1985
Posts: 1 Newbie
Just inherited £140k cash isa from my husband and know I have to put in into an inheritance ISA however rates paid on these are lower than normal ISA. What are my best options
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Comments
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The £140K Additional Permitted Subscription can be paid into any ISA that accepts these, and once it's in there, the money can be transferred between ISA providers to your heart's content.
https://www.gov.uk/guidance/manage-additional-permitted-subscriptions-into-an-isaAdditional permitted subscriptions can be made by a surviving spouse or civil partner using sums they have inherited or other cash they have. They can make their additional permitted subscriptions to any combination of existing or new ISAs that they have.
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