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How can I get my nest egg to work a bit harder?

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Comments

  • htrj
    htrj Posts: 205 Forumite
    Part of the Furniture 100 Posts
    Moving her to another property wont work for her at this stage. 

    Thanks for all your input. At the very least Im reassured to just keep working and saving until the day comes. 
  • HHarry
    HHarry Posts: 1,023 Forumite
    Part of the Furniture 500 Posts Name Dropper
    If an estate is mostly made up of property the IHT owed can be deferred for up to 10 years.

    https://www.thp.co.uk/inheritance-tax-changes/

  • htrj
    htrj Posts: 205 Forumite
    Part of the Furniture 100 Posts
    edited 19 December at 12:23PM
    at an interest rate of nearly twice what a mortgage would cost. Thanks for pointing that out but the interest paid on deferring it for 10 years is another reason I want to raise cash before the event
      
  • penners324
    penners324 Posts: 3,588 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Pensions, Stocks & Shares ISAs, General Investment accounts?

    All will work well
  • penners324
    penners324 Posts: 3,588 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    You live in a property worth £12 million and have a Financial adviser?
  • noitsnotme
    noitsnotme Posts: 1,452 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    You live in a property worth £12 million and have a Financial adviser?
    You need to re-count the digits in the value stated by the OP!
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