The Leaflet
Inheritance, financial planning, investing, and philanthropic news
What should you do if you inherit a lot of money?
A comprehensive guide providing advice on how to navigate emotional, logistical, and financial challenges after receiving a significant amount of inherited wealth.
Impact and ESG Investing Across Public and Private Markets
Read transcript highlights or listen to the full episode to hear Katherine Fox and Josh Hile’s discussion on the difference between impact investing, ESG, and SRI; impact investing in the stock market versus private markets; key issues with ESG investing; impact investing and risk versus return in public and private markets; and how quarterly returns can work against investor’s impact goals in public markets.
How do you Manage Guilt Over Inherited Wealth?
Struggling with guilt after inheriting wealth is a very common experience. Taking a step back and assessing how you want to steward, grow, and give your inheritance can help you manage feelings of guilt and create new, positive associations with inherited wealth.
How your Wealth can Support Democracy in 2024: Combatting Voter Suppression
We are in an election year during an era of high partisanship, as well as realized and threatened acts of political violence. The threats facing democracy require engaged citizens to take action early and often in 2024. Together, our actions can support America’s democratic process and fight the tide of politicians championing an autocratic, regressive vision for America’s future.
How to Manage an Inheritance
The steps you need to take to manage your inheritance, make smart financial decisions, and build a plan to use your inherited wealth to create positive impact and support your vision for the future.
Everything Inheritors Need to Know about Taxes
Read transcript highlights or listen to the full episode to learn what tax returns inheritors may need to file, how state estate taxes can trip inheritors up, surprise tax issues in the estate settlement process, the new rules for RMDs and distributions from inherited IRAs, and all about the step-up in basis after death.
What do you Need to Know about Inheriting Money from your Parents?
Inheriting money from your parents can be an emotional and logistical minefield. Becoming richer doesn’t mean as much when someone you love has recently died.
And no one ever prepared us for this. I’m a Millennial inheritor. I’ve been through this and seen my friends and clients go through the same. There’s a wealth of information we were never taught, never even told we might need to learn someday.
Whether you’re looking for help navigating an inheritance after your parents passed away, or trying to figure out how to plan for that day, read here to learn everything (or, at least most things) you need to know about inheriting money from your parents.
Does my Inheritance Count as Taxable Income?
Most beneficiaries do not pay taxes upon receipt of an inheritance. But several surprise taxes can affect inheritors, both during and after an estate settlement. Inheritance tax, income tax, and capital gains tax can all cause an inheritance to show up on your tax return and create a tax headache if they are not anticipated.
What to ask about Inherited Stock Held in Trust?
Inheriting stock may enable you to experience financial freedom and live a life that you thought was beyond your dreams. But if you aren’t able to understand the size and holdings of your trust or feel like your trustee has become a financial babysitter, it can be hard to feel confident in your vision for the future.
How your Wealth can Support Democracy in 2024: Getting Out The Vote
We are in an election year during an era of high partisanship, as well as realized and threatened acts of political violence. The threats facing democracy require engaged citizens to take action early and often in 2024. Together, our actions can support America’s democratic process and fight the tide of politicians championing an autocratic, regressive vision for America’s future.
What to ask a Financial Advisor about Inheriting Stock?
Many people who inherit stock positions need support from a financial advisor, but it can be difficult to know what questions to ask, especially if your advisor doesn’t specialize in working with inheritors.
What Inheritors Need to Know about Concentrated Stock Positions
Inheritors dealing with a concentrated stock position will have a different set of questions and concerns than those who built or grew a concentrated stock position during their lifetime. Get the scoop on the tax consequences of inherited positions, how to diversify inherited holdings, and the risks and benefits of holding concentrated stock positions.