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How to handle an inheritance step-by-step

Getting an inheritance is the epitome of a mixed blessing. You receive a financial windfall, but the cause is the death of a loved one. On top of complicated emotions, you may be dealing with the ...

What should you do if you inherit $50K? Expert-backed steps for newfound wealth

Key Takeaways Experts often recommend waiting at least 30 days after an inheritance before making major financial decisions.Advisors generally suggest paying off high-interest debt, building an ...
NBC New York

Preparing for the ‘great wealth transfer'? 4 steps for managing an inheritance, from a CFP: ‘It's not as simple as it might seem'

The so-called "great wealth transfer" is already underway, with over $68 trillion set to be passed down by baby boomers to their children. Yet, while millions of Americans expect to receive an ...
NJ.com

Asking Eric: Is my step-grandchild entitled to the same inheritance as my other grandchildren?

DEAR ERIC: My wife and I will soon receive a small inheritance from the death of one of my relatives. Since we do not need most of this money, we have decided to distribute it among our children and ...