What to Do If You Suddenly Inherited $100,000

What to Do If You Suddenly Inherited $100,000
Shutterstock
Mike Valles
Updated:
0:00

Getting a cash inheritance can be exhilarating, making you think about all you could do with the money. Although it could enhance your life, while thinking about what to do with the $100,000, you would be better off if you let the money sit for a bit. Take time to get some expert advice from an investment professional, a certified public accountant (CPA), or an estate-planning attorney.

Unless you already have considerable income, these professionals could give you many ideas about how to make your money go further. You also want to have some time to discuss your options with your family.

Mike Valles
Mike Valles
Author
Mike Valles has been a freelance writer for many years and focuses on personal finance articles. He writes articles and blog posts for companies and lenders of all sizes and seeks to provide quality information that is up-to-date and easy to understand.
Related Topics