{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"4-10-26  What To Do After You Inherit Money","description":"Receiving an inheritance can be life-changing\u2014but without a clear plan, it can also lead to costly mistakes. Richard Rosso &amp;amp; Jonathan McCarty walk through the critical steps to take after inheriting money, from protecting the assets and understanding tax implications to building a long-term financial strategy. Key topics include: 0:00 - &amp;nbsp;INTRO 0:19 - Smarties Candies &amp;amp; Holographic Tombstones 3:21 - Baby Boomers, Inheritances, &amp;amp; Great Wealth Transfer 5:31 - Planning for an Inheritance 8:03 - The Stress of Care-giving 12:59 - What to Do with the Money 15:38 - Tax Implications for Inheritance Money 18:44 - Funding the Financial Security Cushion 20:07 - Paying off Debt &amp;amp; Using Credit Cards Wisely 22:23 - Implementation of Financial Plan 25:12 - Fallacies w Inherited Stock 26:26 - Testamentary Trusts 30:40 - Movie Stars' Poor Estate Plans 31:40 Candid Coffee Teaser 33:22 - The Emotional Impact of Inheritance Money 35:11 - Elvis' Estate Plan 37:06 - Leaving Behind as Little as Possible 38:40 - Dealing with all the Schtuff 41:26 - Generational Financial Insecurity 42:45 - How We Grew Up vs Now 45:01 - Lithographs &amp;amp; Gunsmoke 46:38 - Pintos &amp;amp; Car Colors ------- Do you enjoy our content? Rate us on Google: https:\/\/bit.ly\/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel:&amp;nbsp; https:\/\/youtube.com\/live\/PfgdqYStb70 ------- Watch our previous show, &quot;US\u2013Iran Deal: What Investors Must Watch Next,&quot; https:\/\/youtube.com\/live\/1GbqGflIK4A ------- The latest installment of our new feature, Before the Bell, &quot;2Oil vs Markets: The Ceasefire Test&quot; is here:&amp;nbsp; https:\/\/youtu.be\/ktGa-pbc3ps ------- Download Lance's Latest e-book, &quot;Laws of Money &amp;amp; Wealth:&quot;https:\/\/realinvestmentadvice.com\/ria-e-guide-library\/ -------- SUBSCRIBE to The Real Investment Show here: http:\/\/www.youtube.com\/c\/TheRealInvestmentShow -------- Visit our Site: https:\/\/www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https:\/\/www.simplevisor.com\/register-new -------- Connect with us on social: https:\/\/twitter.com\/RealInvAdvice https:\/\/twitter.com\/LanceRoberts https:\/\/www.facebook.com\/RealInvestmentAdvice\/ https:\/\/www.linkedin.com\/in\/realinvestmentadvice\/ #InheritancePlanning #WealthManagement #FinancialPlanning #EstatePlanning #Investing ","author_name":"The Real Investment Show Podcast","author_url":"http:\/\/soundcloud.com\/the-lance-roberts-show","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/40801880\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/87A93A\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/40801880"}