There is more to receiving an inheritance than meets the eye. It can be difficult to know what to do, especially if you were gifted multiple assets in addition to money. Not only will you need to deal with any tax implications, but you’ll also need a solid financial plan. In addition to consulting with a financial advisor or wealth planner, here are four steps we recommend to consider taking after receiving an inheritance.
This content is developed from sources believed to be providing accurate information, and provided by Twenty Over Ten. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.