Inheriting Money

We all want to make the right decisions when it comes to our money. Therefore, at Entrust we identified three components of wealth management that can make all the difference to you, when it comes to long-term financial success. These are: Holistic wealth management planning for the long-term Values and goals-based portfolio strategy (rather that product-based) Periodic review meetings to assess and refine planning, as needed There may be no better illustration of the need for these three components than ...

Bizzie, a thoughtful and practical woman who has carefully cultivated her legal consulting practice for decades, is married to a high school music teacher and has one son–a teenager soon to complete his senior year and head off to college. Our story begins when Bizzie inherits a substantial amount of money following the sudden death of her father. While the handling of the family finances was always her husband’s responsibility, upon receiving this inheritance–which felt like a windfall to Bizzie–she ...

When we realize that we have inherited money, most of us have the thought, “Wow, I want to make sure that I am responsible with this money but I have no idea what to do!” A good first step is to determine the answer to the following question: “What do I want this money to do for me?”There is no right or wrong answer to this question and the answer will be slightly different for everyone.  For example, our client ...