I am a trustee for my gran's estate. We have to decide what to do with her assets (mostly property), to generate an income during my mums lifetime, as mum gets the interest. We Grandchildren will inherit after my mums death.
After inheritance tax, there will be about £1 million.
Dh and I own some property and as a family we've owned a fair bit of property that has been developed, sold on or rented.
But...I am the least business minded person in my family, but have a lot of responsibility with this. Obviously I'm aware that there are financial advisors out there, but what kinds of things might people investment in, other than property? Not sure exact terms of the trust yet, but I'm starting to ponder this.
Advice appreciated!
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Trustee to a estate ( £1 million ) what kind of investment other than property?
28 replies
CosySlipperSox · 27/12/2014 13:52
OP posts:
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