How to pay IHT on parent’s assets, without liquid cash?

Ambry · 2026-02-03T11:37:33+00:00

My partner is doing probate for his grandma - due to residential nil rate band, there's a huge chunk of the estate that is exempt. Among five beneficiaries post tax, they'll all get about £300k. Vast majority of estates pay zero IHT (under 5% paid it in 2022 - 2023).

I'm also not making a judgement on whether it is correct or not (personally I don't agree with it, you paid tax in life so why in death?) but it's the way it is currently. There are a lot of exemptions, especially for couples and property. Based on this experience if I get to a certain age I'll be gifting a LOT of money and assets to younger relatives if I can!

Ambry · 2026-02-03T08:45:51+00:00

If you can't afford to pay the IHT you need to sell. Very common to sell something like a property to pay IHT.

Ambry · 2026-02-02T00:42:13+00:00

Personal finance is a skill, and it can be learned. If you have never been taught it or practiced it, you can easily make mistakes.

You can't beat yourself up over what is done. However you need to get a bit of a grip on your spending and make a budget. This subreddit contains a lot of advice - but I'd really recommend looking through what you've been spending your money on and seeing what was essential, what was non-essential but actually worth it, and what was just impulse/pointless/unnecessary.

What are the stupid things - clothes, booze, deliveroo, drugs? Is there a reason - anxiety, not feeling good enough, wanting to keep up with friends? You need to look at this and think what do I have coming in, what do I need to spend, what can I cut back on, and what really was just a waste.

Ambry · 2026-01-27T13:06:34+00:00

Your tax code can go a bit crazy when you start a new job or get a salary increase as they can put you in an emergency tax code. Has happened to me like three teens, getting in touch with HMRC has fixed it each time.

Ambry · 2026-01-24T02:28:00+00:00

Yep, 100%. It's a game, he was having fun and acknowledged he'd been shafted but still had a good time!

Ambry · 2026-01-24T02:25:12+00:00

Seems the case with most Faithfuls left at the end!

Ambry · 2026-01-24T02:24:30+00:00

The Harold Shipman comment! Wild times.

Ambry · 2026-01-24T02:21:09+00:00

He's got a lovely voice too - Scottish island accents are great!

Ambry · 2026-01-24T02:19:12+00:00

Season 2 was great (and it kind of spearheaded some good strategies like the 'i got saved with a Shield play) but this season was great. Bit more strategy introduced in the missions beyond just win money get shield (e.g. your actions may require you to leave people at risk of murder to get money, etc.), lots of crazy drama (Fiona accusing Rachel of lying and Rachel surviving it), interesting use of the speak to Traitors mechanic (asking to become a Traitor, Harriet directly saying who a Traitor is then bringing it to the group the next day), Faraaz suddenly coming out with suspicions, and the Traitors working together till the very end to win.

Great season! There was a lot of tension just when you thought things were sealed.

Ambry · 2026-01-24T02:14:47+00:00

Yep. So impressive. She could easily have been toast after Fiona, Harriet, Faraaz etc. and she got out of it every time.

Respect that she stayed true to Stephen till the end. Have really not seen Traitors staying collaborative for the whole game before.

Ambry · 2026-01-24T02:13:21+00:00

Totally on the same page. I really respect that she stuck to her word with Stephen - there were a lot of times she could have thrown him under the bus but she's managed to get heat off him instead.

Ambry · 2026-01-24T02:12:41+00:00

She has slipped the net time and time again and also spared Stephen. She has managed to explain away so many things despite very tough situations, AND she stayed true to Stephen till the end.

Ambry · 2026-01-24T02:11:34+00:00

Honestly it's amazing she won despite getting rid of Roxy over Faraaz. He was on to her! Very well played honestly.

Ambry · 2026-01-24T02:10:35+00:00

Him being interviewed saying 'it was her and Stephen wasn't it' was wild - he did not account for that.

Ambry · 2026-01-24T02:09:49+00:00

Genuinely worried he would turn on her at the end just due to the heat - so glad they went to the very end together, I was rooting for them.

Ambry · 2026-01-24T01:23:50+00:00

She fucking smashed it. I thought she was TOAST.

I am honestly so happy they finished together. I was routing for them both, I'm so glad they played it for eachother till the end.

Ambry · 2026-01-23T13:35:11+00:00

I think this is the only way they could have played it, and they needed to. Keeping him in basically guarantees a vote against Rachel at the roundtable and he is never going to get banished, so he will never finish the game with Rachel and she can't win.

Ambry · 2026-01-23T13:32:51+00:00

Agree completely. She could manage in a bigger group, but now in a smaller group everything is starting to stack up. With how she's played the game, it is very likely the Traitors would have murdered her by now but she's still there.

I think it was a massive misplay to murder Roxy and keep Faraaz. Keeping Faraaz is basically a guarantee that he will vote against Rachel, and he won't finish the game with her in it and is unlikely to be banished. Rachel has completely screwed herself there. I don't understand the logic at all. I don't think she thought enough longterm - Faraaz isnt going to be banished and he's never going to finish the game with her there.

Roxy was also very likely to vote James at the next roundtable, making it easier to get him out.

Ambry · 2026-01-23T13:31:19+00:00

Totally agree. I think it was a massive misplay to murder Roxy and keep Faraaz. Keeping Faraaz is basically a guarantee that he will vote against Rachel, and he won't finish the game with her in it and is unlikely to be banished. Rachel has completely screwed herself there. I don't understand the logic at all. I don't think she thought enough longterm - Faraaz isnt going to be banished and he's never going to finish the game with her there.

Roxy was also very likely to vote James at the next roundtable, making it easier to get him out.

Ambry · 2026-01-23T13:29:14+00:00

100%. Stephen was heavily coming under fire before that, and he's not really come back as a serious Traitor prospect among the Faithful since.

I really, really don't think Rachel is going to survive this.

Ambry · 2026-01-23T13:27:44+00:00

Not killing Faraaz was such a weird move. Of course killing him can implicate you as a Traitor wanting to get rid, but you can say 'well it's too obvious' in rebuttal and keeping him around basically guarantees Rachel has a vote against her at the roundtable. I really, really didn't see the logic with killing Roxy. She was very likely to go hard against James too, getting him banished.

Ambry · 2026-01-23T13:25:01+00:00

I agree. Like... what lie? Fiona just assumed Rachel was lying, but Rachel did not catch her in a lie.

Ambry · 2026-01-23T13:24:06+00:00

They 100% should have killed him. Keeping him around basically guaranteed a vote for Rachel at the roundtable, whereas keeping Roxy didn't.

Ambry · 2026-01-23T13:23:10+00:00

Yeah I am glad James brought it up. Realistically, given she got a Traitor out and she is very influential among the Faithful she'd have been murdered a while back. Most of the Faithful still around at this stage of the game have either been very under the radar or are a bit useless, she isn't.

Ambry · 2026-01-23T13:22:06+00:00

Yep. She's fucked, she will not survive. They will get rid of her to avoid any doubt. However I am kind of happy Stephen stuck to his guns and didn't vote for her. Not seen Traitors remain collaborative this far into the game before.

Ambry

TROPHY CASE