When is it Better to get Less Money Earlier than More Money Later?
Is Taking an Advance a Smart Financial Move? While “more money later” sounds better on paper, real-world variables often make “less money earlier” the mathematically…
Saving vs. Spending an Inheritance
Quick Guide: Smart Inheritance Management Receiving an inheritance is a life-changing event that requires careful planning to avoid the common “windfall effect.” Financial experts recommend…
Is an Inheritance Advance Expensive?
Quick Answer: Understanding the Cost The cost of an inheritance advance is typically a fixed fee based on the amount of the inheritance you choose…
Are Other Heirs Affected If I Get an Inheritance Advance?
Quick Answer: Does Your Advance Impact Others? No. When you receive an inheritance advance, the other heirs and beneficiaries are not affected. An advance is…
Boomer Inheritances a Boon to Millennials (Mostly)
Quick Summary: The Great Wealth Transfer Economists predict a massive $60 trillion shift in wealth as Baby Boomers pass assets to Millennials and Gen X…
Inheritance Advance vs Bank Loan
Quick Comparison: Advance vs. Loan While both provide immediate cash, an inheritance advance and a bank loan are fundamentally different. A bank loan is a…
Avoiding Sibling Conflicts Over Inheritance
Quick Guide: Resolving Sibling Inheritance Disputes Inheritance disputes among siblings are common but can be managed through proactive planning and neutral intervention. While parents can…
What’s the best thing to do with an inherited house?
Inherited House: Your 3 Main Options When you inherit a home, you generally have three choices: move in, rent it out, or sell it. The…
What Happens to the Retirement Accounts of the Deceased?
Quick Summary: Inheriting IRAs and 401(k)s When a retirement account owner passes away, the funds are distributed based on beneficiary designations. If a beneficiary is…