Tagged: inheritance

businessman, people, consultation
12
Sep
2024

5 Do’s and Don’ts When You Receive a Large Inheritance

Getting a sizable inheritance might change your life and provide both chances and difficulties. Managing this newfound wealth wisely requires careful consideration and planning. The following five fundamental dos and don’ts should help you. What You Should Do 1. Take Time to Reflect Think about how this inheritance fits your...

silver and gold round coins in box
03
Aug
2023

Inheritance and Annuities: Understanding the Impact on Beneficiaries

When receiving an inheritance, it is vital to understand how the assets can be appropriately used and managed to ensure a financially stable future. Considering all possible ways an inherited asset, such as cash or securities, may impact you from short-term tax implications and long-term financial security, annuities become a...

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