7 Steps for Effectively Managing an Inheritance

October 3, 2013

Research shows that a majority of baby boomers will receive an inheritance at some time during the lives, with the average inheritance estimated at almost $65,000. Should you be the recipient of family largesse, here are 7 steps you can take to be sure your inheritance is managed wisely:

1. Re-examine your financial goals. This should provide you with the direction you need to determine how to invest your inheritance, either for short-term gain or long-term benefit.


Leave a Reply

SUBSCRIBE TO OUR NEWSLETTER