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Kiplinger
Kiplinger
Business
Erin Wood, CFP®, CRPC®, FBS®

Will Inheriting the Family Money Make You or Break You?

(Image credit: Getty Images)

Editor's note: This is part two of a two-part series that looks at the best ways to ensure an inheritance creates financial freedom, not a financial burden. Part one is Will Your Children's Inheritance Set Them Free or Tie Them Up?

At age 18, my client — let's call her Josie — received a trust that provided thousands of dollars a month in inheritance, more than enough to ensure she'd never have to work. So, she didn't.

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