Receiving an inheritance
Financial planning
If you've received a gift or inheritance from a family member, there are potential tax liabilities to be aware of. We understand that it can be an emotional and stressful time in your life. K&J will help you navigate the unexpected intricacies, formulate a plan, and reach your defined goals.
Where to get started
Understand how the money is invested
After receiving an inheritance, the first thing you should do is look into how (and if) the money is invested. Become familiar with your gift or inheritance.
Recognize the tax situation
Receiving an inheritance comes with tax liabilities. It's best to brush up on how taxes work with a received inheritance. Though, don't worry about becoming an expert — that's where we come in.
Assign a purpose to the money
The best way to make the most of a gift or inheritance is to make sure you know what you want to do with it. Assign your money a purpose to stay on track to meet your financial goals.
How K&J can help
We understand emotions
Receiving an inheritance can be a very emotional time in your life. We understand how emotions affect this process and will work with you to make the best decisions possible.
We keep you informed
Inheritances and their tax liabilities can be intimidating. We will help you navigate every little intricacy and help you understand exactly what not to do.
We help define the potential
The sky is the limit, though only if you understand how to get there. K&J will consider everything, compare it with your current financial situation, help define your new goals and plot the best course to reach them.