Hello, I hope you are well. My name is***** am a solicitor advocate and I will be assisting you with your question today. I am very sorry to hear of the problem you are experiencing and I will do my best to help you with this matter.
Sorry about your loss.
The £3000 tax issue that your father is talking about, is with regards ***** ***** and inheritance tax. A person can give away a tax free amount each year to another person of £3000. If no amount was given away the previous year, then in the current year £6000 may be given.
It is completely legal to give more than this, in fact any amount may be given, but the amount given would be subject to inheritance tax on a sliding scale for the next 7 years. So for example if a taxable amount of £100000 was given to you, then as the start you would pay no inheritance tax on that amount. But, if the person who gave your that money dies within 7 years, then their estate will be liable to pay inheritance tax on the that £100000, unless the total estate was below the inheritance tax limit.
If tax was payable on the money, then the amount of tax due would depend how many years after the gift was made that the person making the gift ideas. If they died 7 years later no tax would be paid. If they died in the first 3 years then it would be taxed at 40 %.
then on a sliding scale of 32,24,16,8% from 3 years to 7 years.