An inheritance can be beneficial, but it can also increase the complexity of your financial situation and even change your financial direction.
We work with people who have recently received an inheritance or other windfall to help them determine how it affects their financial plan and goals. We can help you understand:
- The impact of the inheritance on your overall financial picture as well as your ability to meet—or revise—financial goals
- How the assets received in the inheritance should be invested to ensure they are aligned with your overall financial plan
- Your options for inherited real estate
- The tax impact of the inheritance and whether any options exist to mitigate taxes
In last week’s blog post, I covered what every financial plan should include regardless of whether you were concerned with retirement planning, planning for an inheritance or some other issue. This week, I want to focus on when you should consider having a...
In last week’s post we outlined issues to consider when it comes to investing an inheritance. This week, we’ll look at a case study for someone receiving an inheritance. We believe financial advisors should keep client information confidential, so the account below is...
As Atlanta financial planners, we work with clients who have received an inheritance. The process of receiving an inheritance is often fraught with emotion – on the one hand, the client has lost a loved one, while on the other, in some instances the inheritance itself...