Skip to Main Content

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.

Did you know?

Being able to perfectly predict what your retirement is impossible. Planning helps you get as close to your ideal retirement as possible.
learn more
Advantages of being a young investor If you’re a young professional in your twenties or thirties, you have an incredible advantage on your side: time. You can take this time you have and put it to wor
learn more
You pay your mortgage. You pay the electric company. You pay your credit card. You might even pay your student loans. Do you pay yourself?
learn more