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Depends entirely on the investment - if it were property, yes, if it was a bond, no :)

Nope - because its from trust, and its not legally classed as a wage - which has its benefits, but also its downsides - ie, it wouldnt count as income if i wanted to get a mortgage.

Well, inheritance tax only applies for amounts over £250,000 - any amounts released under that are tax-free. The reason its staggered over every other year, is so that the individual payments arent counted as the same amount of inheritance. As the money is substantially more than 500,000...

Says poodles - oblivious to the fact they'e all over the place here :p I've spent today looking at high interest deposit bonds...provides a safe investment and decent return - simply because a financial downturn is apparrently inevitable and house prices are likely to fall - so property may not...

Living in another country = not going to happen! Saving it (or the majority of it) seems like the better option.

I dont drive through London though - theres the tube :p

Too many daft laws and slow internet mate :(

Thats why i was left it. That and my father is such a shit, my brother and i got his share :) 7% sounds like a decent rate - i'll probably end up with 90k in one of those...I'm assuming its APR, so £96,300 at year end - so i end up with 300 more than i was initially given in the first...

Well for a retirement fund - i definitely see the point - one of the other lumps can be that (i suggest the last one - should be enough, tacked onto my state pension). As for percentage rates of interest in most savings account - whats typical? 2.4%? 3%

Oooh - handy to know K :) Well, other than the monthly stipend, nope, no other income. I'm not working either (i'm unemployable apparrently - being disabled and intelligent is a bad thing by the looks of it). Current expenses are....um...£50 a month for food, nothing for petrol, insurance...