It’s a nice problem to have, but a problem nonetheless: What do you do with your windfall if you have received – or are expecting to receive – a large inheritance? Today’s article tackles the complexities of this issue, noting that “even if you have a lot of investing experience, there are plenty of tax and legal pitfalls that can trip you up.” How can you go about building a team to help you manage your inheritance? How does what you’ve inherited affect what the best thing to do with that inheritance is? And why does the author recommend a “spending timeout” following an inheritance? CLICK HERE to find out.
