Your inheritance may give you opportunities you never expected. You also may face decisions you've never had to make before. I help Millennial women like you choose what to keep, invest, spend, give, and leave undecided for now.
The value of financial planning has nothing to do with a specific deliverable or a certain number of meetings. Rather, the best financial planning process gives you the knowledge and confidence to actually take action. In partnership with Illumint, your family should be able to live the life you desire without unnecessary uncertainty.
If you enjoy learning about money, you can probably handle a simple inheritance yourself. But professional guidance may be useful if you fear making a mistake.
How much of your inheritance should you keep in cash? How much does it make sense to invest?
Do you actually need help?
Where will your inheritance make the biggest impact? Funding a college education? Purchasing your first home? Reducing anxiety about retirement?
How can you spend some of your inheritance with joy, rather than guilt or stress?
What should you do first? How soon? Are you even feeling ready to deal with these questions yet?
Your starting point: Stress & Uncertainty
How much savings to keep in the bank for near-term needs
What decisions can you help me make?
How this money can reduce any debt or cost pressure
How much savings to grow in the markets over time
Which account types support how you'll use this money
What unique opportunities does this money create?
How can this money set you on a new financial trajectory
Investments
Cash Flow
Taxes
Cash Flow
Investments
Taxes
your Life
Which options have tax impacts now vs. later
Which choices minimize taxes, but also fit your life
Two questions to consider before we work together
That's ok! It's a very common feeling. You don't need to invest your inheritance right away. Many Millennials in this situation are still grieving. If that's you, you likely want to wait to make any big decisions. But you should feel free to spend a little bit of the new funds.
What if I don't know what I want to do with this money yet?
Potentially! An inheritance doesn't require a financial advisor. For example, I help many Millennials with inherited IRAs. But you may feel comfortable navigating those rules. Similarly, I offer investment management upon request. But maybe you like tracking your investments. In any case, you don't need a minimum inheritance amount, net worth, asset level, or income to work with me.
Can I just handle these financial tasks myself?
At 34, Gaby had more than $75,000 sitting in savings. Then she inherited another $250,000 from family. She didn't know what to do. But we aligned the money with her life.
We saved cash for a few specific short-term uses in a high-yield bank account
What does this look like in real life?
We created new savings buckets (with timelines) to fit the inheritance within her existing financial life.
We opened new investment accounts (and consolidated a few older ones) when they made sense for her interests.
We invested for both medium and long-term uses. I didn't tell her what to do, but helped her decide among options.
your outcome: action & confidence
Reviews
"Thanks to Kevin's advising, I now feel more confident and knowledgeable making financial decisions for my family."
– Meg M.
(36)
"Kevin is calm, non-judgmental, and excellent at asking questions that help you drill down to core goals."
– Laura F.
