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Massive lottery win.

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By *ools and the brain OP   Couple
over a year ago

couple, us we him her.

What's the most you can give a friend or relative if you where to come into a large fortune?

I'm asking as I am planning on winning this Tuesdays Euro millions jackpot.

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By *ce WingerMan
over a year ago

P.O. Box DE1 0NQ

Three shillings and sixpence

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By *uke olovingmanMan
over a year ago

Gravesend

I planning to win this Saturday ..so all suggestions gratefully received

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By (user no longer on site)
over a year ago

I could spare a shekel ..

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By *estless nativeMan
over a year ago

near Glasgow


"What's the most you can give a friend or relative if you where to come into a large fortune?

I'm asking as I am planning on winning this Tuesdays Euro millions jackpot."

Used to be £10k without them having to pay tax, not sure if its still the same.

Ps those are my winnings on Tuesday

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By (user no longer on site)
over a year ago

I won last Saturday, anyone want to help me spend it.

Well you can't blame me for trying

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By *urchoicenowCouple
over a year ago

Ashford

You can give as much away as you want, but if you die within 7 years some if not all will be added to your assets for inheritance tax purposes.

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By *ools and the brain OP   Couple
over a year ago

couple, us we him her.


"You can give as much away as you want, but if you die within 7 years some if not all will be added to your assets for inheritance tax purposes. "

So without sounding morbid.

If I was seriously ill or dying and had myself put into a medically induced coma,or frozen until after the seven years then have the plug pulled my family would get it all??

Not sure if it is worth it for the £2.80 I won last week tho.

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By *estless nativeMan
over a year ago

near Glasgow


"You can give as much away as you want, but if you die within 7 years some if not all will be added to your assets for inheritance tax purposes.

So without sounding morbid.

If I was seriously ill or dying and had myself put into a medically induced coma,or frozen until after the seven years then have the plug pulled my family would get it all??

Not sure if it is worth it for the £2.80 I won last week tho."

Do a Brewsters millions type of thing, stick it into a family trust with a bunch if caveats that to access the money they need to carry out an increasingly bizarre series of tasks

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By *ove2pleaseseukMan
over a year ago

Hastings


"What's the most you can give a friend or relative if you where to come into a large fortune?

I'm asking as I am planning on winning this Tuesdays Euro millions jackpot."

I think you can gift 4K and there is know tax to pay but it can be done with some creative thinking....

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By *aul DeUther-OneMan
over a year ago

Sussex


"What's the most you can give a friend or relative if you where to come into a large fortune?

I'm asking as I am planning on winning this Tuesdays Euro millions jackpot."

Rather than give a specific amount away, perhaps offer to set up trust funds to pay mortgage, tuition fees or buy their fantasy holiday....

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