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16 February 2010

What to do with c.£140k

For my brother. About to inherit this amount of money. He is single, 23 and lives at home. Has no debts or mortgage and no intention to move out anytime soon. At the moment what we have recieved so far of this money (54k) is sat in a savings account (in both our names so is safe) earning minimal interest. Some advice please to use this money to "set him up for life" please. We have a joint letting property we were also left as part of the estate so probably wouldn't want to get another one.

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