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Financial Advisor for Inheritance: Services and Examples

An inheritance can feel like both a blessing and a challenge. While it may provide new opportunities for financial security, ...
NBC New York

Preparing for the ‘great wealth transfer'? 4 steps for managing an inheritance, from a CFP: ‘It's not as simple as it might seem'

The so-called "great wealth transfer" is already underway, with over $68 trillion set to be passed down by baby boomers to their children. Yet, while millions of Americans expect to receive an ...

My father died 10 years ago and his pension to my brother and I — but now that my brother’s gone, I want his share

Take the case of Dave, a hypothetical middle-aged man whose widowed father died 10 years ago. He left 50% of his 401 (k) to Dave and 50% to his estranged brother, Cameron. Dave hasn’t spoken to ...

My sister died, leaving me as trustee for my 12-year-old nephew’s $100,000 inheritance — what do I need to do?

Her sister passed away and left $100,000 in a trust for her 12-year-old nephew, and she has been named as the trustee. The ...