Is it possible to have more than 50k in premium bonds

[Mottie]

Mottie admits he is wrong

That makes no sense whatsoever. Do you think if you keep saying something it becomes true? Deluded7

 

[Koolpc]

Gulp. That’s what I plan to do! Mrs Mottie retired a few weeks ago and doesn’t get her NHS or state pension for a few more years. Apart from our savings that are in ISA's, we have other savings, plus the money from the sale of our business premises and in the new year I will have another sizeable chunk when we we sell my mums house. My state pension alone takes me over the threshold and I have to sit down and do some calculations yet but plan to put a fair chunk of it in her name in an interest paying account and use her tax free allowance to avoid paying tax on the interest which should save us a fair bit. Any better suggestions?

Give some to me?

 

[Mottie]

I think you've been married long enough not to have any real concerns

Plus it was HER mum's money anyway , not yours directly

No. It’s my mums. She passed away in August. Her mum is still in a care home with dementia costing £75k a year so not likely to see any inheritance from her if she lives as long as her relatives.

 

[Highway Man]

Poor Highway Mam

You got angry and started this to try and have a go at me…..if it makes you feel better, It’s ever so upsetting seeing the muppets trying to prove something they can’t

What you on about. You are not making any sense (nothing unusual there). No need to try to prove anything is there? You lied. You got caught.

 

[noseall]

No its not possible

View attachment 399415

It clearly says £50k per person. So Notch’s household could have above £50k in premium bonds, no problem.
So why the fuss?

 

[pete01]

It clearly says £50k per person. So Notch’s household could have above £50k in premium bonds, no problem.
So why the fuss?

Im not fussed, I haven't got any premium bonds, if notch said he personally had more than 50ks worth he couldn't have.

Honestly I dont care

 

[Mottie]

It clearly says £50k per person. So Notch’s household could have above £50k in premium bonds, no problem.
So why the fuss?

Notch implied that he had £50k’s worth and he was going to buy "another" £50K's worth. Can’t you read?

 

[noseall]

Im not fussed, I haven't got any premium bonds, if notch said he personally had more than 50ks worth he couldn't have.

Honestly I dont care

Of course he could. He just puts another £50k in his missus name.

 

[Mottie]

I look after the finances for me and wife. We both have separate accounts at various places. It's all our money regardless of who's name it's in

We’re exactly the same.

 

[pete01]

Of course he could. He just puts another £50k in his missus name.

He as in him personally in his name? No he couldn't

 

[motorbiking]

Gulp. That’s what I plan to do! Mrs Mottie retired a few weeks ago and doesn’t get her NHS or state pension for a few more years. Apart from our savings that are in ISA's, we have other savings, plus the money from the sale of our business premises and in the new year I will have another sizeable chunk when we we sell my mums house. My state pension alone takes me over the threshold and I have to sit down and do some calculations yet but plan to put a fair chunk of it in her name in an interest paying account and use her tax free allowance to avoid paying tax on the interest which should save us a fair bit. Any better suggestions?

In the event that you and Mrs Mottie ever part ways, assets acquired via inheritance can be ring fenced. Almost everything else is matrimonial. If you transfer in the inheritance you lose its status.

 

[Mottie]

Of course he could. He just puts another £50k in his missus name.

In another thread, he said she already had £50k's worth. Have you taken on the role of Notch's defender all of a sudden?

 

[noseall]

Notch implied that he had £50k’s worth and he was going to buy "another" £50K's worth.

Easily done with your missus’s allowance going unused.

Can’t you read?

I can add and subtract too. £50k + £50k = £100k.

 

[pete01]

I can add and subtract too. £50k + £50k = £100k.

That's just adding

 

[motorbiking]

Can his wife not have had PBs ?

Do you refer to yourself as I when you mean your wife or other household adult.

Does Mrs Nosenout describe herself as a part time builder and full time internet troll?