Inheriting money from a family member can be a blessing or a burden. How tempting is it to run out and put a down payment on a Mercedes-Benz or get that Cartier Love ring when a large sum of money suddenly appears in your account? As good as these material items may make you feel…
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The Legacy Stage (0-6 months): 100% Bonds- The Legacy Stage is a low-risk model of investing for those who have just received an inheritance. Safety, security, and short-term bonds are the focus of the Legacy Stage. Short-term bonds are fixed-income instruments that take less time to mature; lower risk/ lower return. These bonds can…
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When a parent dies there are many things to manage, and taking care of the finances can often be the most dreaded. From funeral preparation to paying off any debts, every added task can feel overwhelming. A parent with all accounts titled correctly or set up in a trust makes the transfer of accounts simple,…
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