In conversations with clients who have inherited wealth, many times the recipient feels a responsibility to the donor to do certain things with the inheritance. Sometimes we “bucket-ize” these monies differently in our minds than we do other funds in our possession.
We can help you put the inheritance in perspective with your overall financial life. There are different tax consequences involved in inherited trust assets versus other types of inherited funds. Making sense of these nuances and developing a plan for these funds is something we can help you resolve.