Meet the Other Phone. Child-safe in minutes.

Meet the Other Phone.
Child-safe in minutes.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

How much inheritance would you expect?

111 replies

Queenofkittens · 22/04/2025 17:51

Okay so it's not MY inheritance but it is my mum's. Cut to the chase, my mum is receiving around £40k from my grandad's estate (my auntie is getting the same amount) and my mum has made it very clear she wants to give me some and I have no idea what her thoughts are in regards to the amount but she kept asking me earlier over and over how much would I 'expect'. I eventually caved and gave her a figure even tho I was very uncomfortable to do so, and she said well that's not the number I thought meaning I had asked for too much. I'm now sat here humiliated wishing I hadn't caved in and I can't stop thinking about it as I'm so embarrassed thinking it was totally unreasonable. Out of interest, what would you like/want if your parent was to ask u this? Just not to drop feed she isn't rich or even comfortable, she gets by with zero debts and mortgage paid off but still works full time (she's 63) and this is the biggest amount of money she's ever received so it's new for her to have this amount.

OP posts:
MissHollysDolly · 22/04/2025 20:25

Your mum set you up to fail here. The elegant thing to say would have been that she should suggest something you could both do in your grandparents honour (nice afternoon tea or something?) and it should come from the estate.

UnderTheCover · 22/04/2025 20:30

You have nothing to be embarrassed about OP. How on earth could you guess the number in her head? She asked your expectations- repeatedly- and you gave them honestly. It's not fair of her not to play open cards with you.

InWithPeaceOutWithStress · 22/04/2025 22:16

No need to feel humiliated, I’m sure you could do with the money as well.

PinkFruitbat · 10/08/2025 19:42

All of it. The £40k. You don’t need it; I do!

YellowZebraStripes · 11/08/2025 06:49

I don't think a family member can gift more than 3k without it being taxable. Unless it's a gifted deposit for a property.

Littletreefrog · 11/08/2025 07:40

YellowZebraStripes · 11/08/2025 06:49

I don't think a family member can gift more than 3k without it being taxable. Unless it's a gifted deposit for a property.

As long as you don't die within 7 years of gifting it you can gift whatever you like. If you die within 7 years of giving the gift it is treated as part of your estate and would be subject to inheritance tax if the estate exceeds the threshold (not everyone pays inheritance tax it depends on the value of the estate)

PinkFruitbat · 11/08/2025 10:50

YellowZebraStripes · 11/08/2025 06:49

I don't think a family member can gift more than 3k without it being taxable. Unless it's a gifted deposit for a property.

yes over £3k there might be inheritance tax to pay if the person gifting dies before 7 years after the gift.

£3k a year is also OK thanks Mum.

jandalsinsummer · 11/08/2025 11:27

The only answer is zero, but yes your Mum did that on purpose (mine would do similar) I like the suggestion of going out together for a nice tea.

Viviennemary · 11/08/2025 11:36

It was sneaky of her to ask you to name a figure. How much did you ask for.

Flowergirlie91 · 17/08/2025 15:53

Tricky situation… I would have said: mum I don’t expect anything, I hope you do something nice for yourself or retire earlier. If you really do want to give me something: a nice garden set / dinner table / holiday together / jewellery or watch / painting that retains its value / fancy tickets to royal ascott (whatever you get the point) would be great as something we can enjoy together

writingsonthewall · 17/08/2025 16:27

How much did you ask for?

New posts on this thread. Refresh page