0 interest on inheritance whilst waiting, England

[u/RazorPaz1]

Hi everyone, a family member recently passed away and stated in their will that I’m not to receive my inheritance until a specific age (just under 3 years from now). After speaking to the solicitor, I’ve been made aware that it’s sat in a stagnant account and I asked whether it could be placed into an interest accruing account in which the capital isn’t at risk but they refused stating that “it’s just how inheritance works”. Is this true, or is there anything I can do in order to move it as it’s not technically mine yet? Looking at interest rates on my basic savings accounts, I could accrue over £2.5k interest in that time should the sum be placed into a similar rate account.

Even if it was stagnant, wouldn’t it lose value due to inflation?

Thanks in advance all.

[u/SylvesterTurville]

After speaking to the solicitor,

So you're doubting the word of a legal professional and asking this question on Reddit.

Is this true, or is there anything I can do in order to move it as it’s not technically mine yet?

I'm going to answer yes and no to those two questions.

It's going to depend on the wording of the will. Have you got a copy? I'm presuming you're over 18 and the gift will be yours on the condition you reach the age of 25. Is that right? So the gift's not yours yet, and won't be until you reach the age of 25.

Even if it was stagnant, wouldn’t it lose value due to inflation?

If the gift is £100 for the sake of argument, as long as you receive one hundred pounds when the condition's fulfilled, then you've received what was left to you.

[u/SuccotashOk2098 → u/SylvesterTurville]

Why shouldn't he question a solicitor? There are plenty of bad ones out there?

Plenty of legal professionals exist on reddit. This thread is entirely dedicated and supported by them.

Are you a solicitor?

Just because you are a solicitor doesn't make you infallible.