Inheritance....what should I do with it?

[snips86x]

Merry Christmas to you all. I hope you've had a great day and are enjoying time with those you love.

On a slightly more depressing note, my grandmother passed away yesterday and left me a significant amount of cash which I have no idea what to do with.

I want to save it somewhere but no idea where to start looking. I'm not planning on spending it all, but I will be getting a new DSLR body to upgrade from my 7D to the 7D MK ii, the rest will be places in a savings account.

What are your suggestions?

(P.S - No "give to me" obligatory posts please )

 

[snips86x]

Give it to me


Buy a house

ISA for now, save it for house deposit.

Stocks if you know what you are doing.

Give it to me if you are feeling the Christmas Spirit.

I suggest the last option.

Did no-one read my foot note lol

I already own a house and ISA sounds like a good idea!

 

[snips86x]

Wow what a tasteless thread, she only died yesterday.

Not really your place to say is it? You don't know anything about the circumstances!

buy a second one ans rent it

Not that much!

 

[snips86x]

Like a moth to a flame.

Saw it coming!

ISA.

That's pretty much what I'm thinking, thanks. Will investigate this further!

 

[snips86x]

Meh he's wants to make the most of a gift from a deceased relative. Getting help isn't tasteless.

It not like he appears happy about it now does he. I'm sure he'd prefere his grandmother to some cash.

Do what your dear Grandma (RIP) would've wanted you to do with it, blow the lot on hookers and coke.

She gave me some before she passed and wanted me to do something which would help my family, so we're looking at getting a new car - THIS is what she would have wanted me to do.

There is still some in the pipeline but it could be some time yet before I actually get it, we're looking at £15k, so I've been told at this point, it may change.

For those commenting on it being tasteless, My nan was an amazing woman. She had a great life, did all she could for others and was selfless. She lost her daughter 7 years ago (My mother) and her husband 3 years ago and lived to the ripe old age of 94.

She'd suffered from a long stretch of strokes, blackouts but kept going. Even when they got worse, she still fought independence. The worst part of this is that she's the last remaining person on my mothers side, apart from us 6 kids. While we visited her at every opportunity, we could see her getting worse and she clearly was fed up - this was running on 6-10 months.

Tasteless - No! This is what she would have wanted!

 

[snips86x]

I think the best saving product on the market at the moment is meant to be the Santander 123 current account.

Just spotted that on TV!

This is none of your concern however. Merry Christmas

Thanks

Sorry if you feel its inappropriate!

 

[snips86x]

Whatever else you do, buy yourself something nice by which to remember her if she didn't leave you anything personal.

One of the more sensible answers, thanks

 

[snips86x]

Well one example would be a grandparent that had been steadily getting worse and worse over a long period of time to the point where they finally passed away. It would remove most of the shock that comes from death (in fact it could even be relief) and would explain why he would know what he was getting so soon after.

Edit: just having read the second page that sounds entirely like what actually happened...

That's just it It was long running and a relief but still not something you want to go through.

A family member has just died and all you see is the pound signs. I assume you were one of these people who never visited your old relatives, instead just waiting for them to peg it so you can spend their money.

I'd wait until the funeral and after the estate has been finalised before thinking of the money. Even then I wouldn't be blowing it on cameras and tech.

Get Bent!!!!!!!

We visited her weekly until I got a new job. Since I was no longer working in the area, this changed to fortnightly.