ok.
Anyway in the real world, you can receive a cash gift of #250 tax free. For a wedding, you can bump it up to 5k from each parent etc.
You can gift away larger amounts as part of your regular expenditure, if after audit it is clear that you still have an income on which you can survive (ie, you are not giving away all your money in advance of your death).
Distributing your 325k that you've magically removed from the bank is going to be very hard. FOr that money to be even remotely useful it needs to go into a bank. If you buy a car in cash, your name will be on the deal. A house? Same thing.
You will get audited.
Anyway in the real world, you can receive a cash gift of #250 tax free. For a wedding, you can bump it up to 5k from each parent etc.
You can gift away larger amounts as part of your regular expenditure, if after audit it is clear that you still have an income on which you can survive (ie, you are not giving away all your money in advance of your death).
Distributing your 325k that you've magically removed from the bank is going to be very hard. FOr that money to be even remotely useful it needs to go into a bank. If you buy a car in cash, your name will be on the deal. A house? Same thing.
You will get audited.