We Provide Beneficiary Assistance

Beneficiaries often employ the help of a financial advisor to navigate the aftermath of receiving an inheritance. Many have heard horror stories of people making poor financial choices or unlucky investments and don’t want to make the same mistake. At Embolden Wealth Management, we offer our experience to not just assist with the future investment plans but current tax liabilities that might emerge.

After losing a loved one, it can feel uncomfortable to dig into the factors related to the assets they left behind for you. However, the sooner you get this out of the way, the sooner you can return to the grieving process. The sad reality is that state laws often do not give beneficiaries enough time to grieve before making decisions about withdrawing money or rolling over accounts, so swift and objective action becomes necessary.

Some clients prefer a hands-off approach. This allows us to handle concerns related to distribution to beneficiaries, while they grieve their loss. We look into the beneficial financial moves striving toward the lowest possible taxes and fees for the assets you receive. Note that assets are not always cash, but can be investments, retirement accounts, trusts and even investment properties.

We understand that you might have a lot of questions and look forward to helping you work through these. Send us a message at any time to get the answers you need.

Embolden Wealth Management and LPL Financial do not provide legal or tax advice. Please consult your legal or tax representative regarding your specific situation