Latest / Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
You Just Inherited Money. Now What?
You just received an inheritance. Now what?
Before you sell investments, take distributions, pay off debt, or make a major purchase, it's important to understand exactly what you've inherited and the tax rules that come with it.
In this episode, Tyler Emrick, CFA®, CFP®, walks through the biggest financial decisions that can come with an inheritance and explains why some seemingly simple moves can create unintended tax consequences.
In this episode, Tyler covers:
What to do first after receiving an inheritance.
Why you shouldn't immediately liquidate inherited assets.
Tax considerations for…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.