Widows Often Shocked by Tax Burden

posted in Inheritance Jul 16, 2019


The classic idiom (usually attributed to Ben Franklin) is painfully true for many widows: “In this world, nothing can be said to be certain, except for death and taxes.” While becoming a widow may result in inheriting assets from a deceased spouse — 401(k), life insurance, pension, Social Security survivor benefits — she may also be shocked by a substantial increase in income taxes and Medicare premiums.1

Read More

Practical Advice for Clients Who Inherit Money

posted in Inheritance Apr 2, 2019


The circumstances surrounding a large inheritance usually involve a combination of emotions — sorrow over the loss of a loved one and appreciation for the financial gain. Conflicted feelings on top of indecision about what to do with an inheritance may have clients in this situation seeking your guidance to help avoid any pitfalls.

To help clients wisely guard and grow their new-found wealth by keeping things in perspective, consider using these three steps:

Read More