95% of adult children think they’re ready to manage an inheritance, but a quarter of parents disagree. Here’s how to start the conversation

While most adult children (95%) believe they’re ready to manage an inheritance, a quarter (25%) of parents disagree.

Gen X and millennial inheritance could take a hit due to health care costs and taxes

Generation X and millennials who may be receiving an inheritance from the previous generations may be receiving less than ...
The New York Times

Managing an Inheritance: When ‘Mom’s Money’ Becomes Yours

A sudden windfall while grieving can be an emotional minefield, particularly for younger adults. Experts share ways to handle it wisely. By Lisa Rabasca Roepe Michael Hay knew his mother was ...

'We are super screwed': This couple burned through a $171K inheritance in under a year and accumulated more debt. How to make sure your windfall lasts

This phenomenon is sometimes called Sudden Wealth Syndrome (SWS), a psychological condition affecting people who suddenly ...
Forbes

Should Inheritance Be A Retirement Strategy?

Planning for retirement requires a road map that is unique to each individual. The expectation of guaranteed income from employer-sponsored pension plans or public safety nets is dwindling away.
Worcester News

Pension inheritance tax change to put pressure on grieving families

Reforms to pensions and inheritance tax risk creating delays, extra costs and serious stress for families, professionals and businesses, say ...