Recently Received an Inheritance?
Navigating receiving an inheritance can be both bittersweet and life-altering.
We can help guide you to make the right choices, in the right timing, that makes sure your inheritance is the gift that keeps on giving.
Unsure where to begin or how to invest?
Becoming a beneficiary of an estate creates both significant financial opportunities and many emotional challenges. Things can be further complicated by tax and legal obligations that you as a beneficiary must consider, essential decisions you’ll need to make and tax implications you may face.
Our best advice is to seek advice if you need it.
Our team can assist you in making informed decisions regarding your legal responsibilities and taxation and help you best decide what to do in the short term. Along with providing further advice for the long term that considers all of your financial obligations and considerations.
KNOW WHAT YOU SHOULD DO & CONSIDER FIRST
CONFIDENTLY NAVIGATE YOUR TAX AND LEGAL OBLIGATIONS
ACT IN ALIGNMENT WITH YOUR FINANCIAL GOALS
CONSIDER YOUR FINANCIAL NEEDS
An inheritance has the potential to significantly impact your financial situation; but determining the best allocation is crucial. Should it go towards your mortgage or credit card debt, children’s education fund, or lump sums in your super or investment accounts? Each inheritance is different, as are its circumstances and how it should be appropriated.
Identify your most pressing financial needs and honour the person who bestowed the financial blessing by being careful and considerate with your decisions.
The Key TAKEAWAYS?
Know your tax and legal obligations that beneficiaries must consider.
Identify your pressing financial needs first and allocate the money wisely.
Seek advice to make the most of your money and clarify your responsibilities.
HOW WE CAN HELP
If you are ready to make the most of your money and educate yourself about the various investment opportunities available - it’s time to talk with a financial planner.
One who can provide you with tailored advice that meets your unique circumstances and considerations and is delivered in terms you can understand.
