My aunt's estate is giving me $100K - how can I make this money last a lifetime?
Briefly

Receiving a small inheritance can significantly aid in retirement savings, even if it's not substantial. The article discusses a Reddit user's situation involving a $35,000 inheritance from a trust with many beneficiaries. It emphasizes that while this cash may not be life-altering, it can stimulate financial planning efforts. Tax implications are explored, noting that in many cases, the funds are tax-free, while advising consultation with financial and tax experts to maximize the inheritance's benefits and mitigate any possible tax liabilities.
Receiving a small inheritance can be a blessing, even when it is not a windfall. Every little bit helps towards growing your retirement nest egg.
The question of what to do with a small inheritance was brought to mind when a Redditor posted on the r/inheritance subreddit about an impending windfall.
The $100,000 trust cash can be pocketed tax-free. There is no federal inheritance tax, unless the estate tops $13.6 million.
The Redditor recognized he should speak with both a financial planner and a tax expert, which is a good first step.
Read at 24/7 Wall St.
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