SIGforum.com    Main Page  Hop To Forum Categories  The Lounge    Got a question about inheritance
Page 1 2 
Go
New
Find
Notify
Tools
Reply
  
Got a question about inheritance Login/Join 
Just because you can,
doesn't mean you should
posted Hide Post
Lots of missing information to make reasonable suggestions beyond the wide range of opinions we've seen here.
First, how much are we talking about? Both for tax reasons and what to do with your new funds.
If it's a few thousand to a few tens of thousands taxes probably won't factor in and your not going to make a killing on any short term investments without tremendous risk.
If it's a lot more than that then professional help may be needed.
In the short term put it into something liquid and boringly safe to give yourself time to evaluate your options.
And stay away from anyone that mentions annuities unless they are also telling you to stay away.


___________________________
Avoid buying ChiCom/CCP products whenever possible.
 
Posts: 10030 | Location: NE GA | Registered: August 22, 2002Reply With QuoteReport This Post
Member
posted Hide Post
Ok. We are nowhere near the death tax level. Both blue collar employees from start to retirement with no stocks or bonds. Sold her house to pay for the nursing home.

As it stands, looks to be about 20k in cash. 5 from the POD account, remainder from the estate.
No IRA or 401k accounts. I have a company pension plan, so never bothered with the rest. I should really start I suppose....


A Perpetual Disappointment...
 
Posts: 2824 | Location: BFE, Ohio | Registered: August 05, 2010Reply With QuoteReport This Post
  Powered by Social Strata Page 1 2  
 

SIGforum.com    Main Page  Hop To Forum Categories  The Lounge    Got a question about inheritance

© SIGforum 2024