Can any one tell me or advise me what happens in a situation whereby an uncle of mine recently passed away leaving quite a substantial amount of money in our local credit union. He has myself down as the nominated person on his account, and I know for sure he had a will made. What happens in a case such as this. The will hasn't been revealed yet but I am worried that if I am lucky enough to be gifted this money will I have a huge amount of tax to pay through capital gains tax, is there any way around this, for example could I transfer some to my children's accounts in the same credit union???