Life Events: Receiving an Inheritance

Life happens. Will you be ready?
Throughout your investing life, you're going to experience life events — some planned, some not — that will affect your finances.
We're here to help you prepare for those critical times of financial change.

Receiving an inheritance or unexpected assets

These tips can help you prepare to manage an inheritance or unexpected new wealth.
Keep in mind:
Maximize your investments in an employer-sponsored retirement savings program
Set aside funds for your kids' college in tax-favored vehicles like 529 plans
Weigh potential returns earned from new wealth against the cost of carrying debt

Preferred Rewards

Enjoy real benefits and rewards on your Merrill Edge® investing and Bank of America® banking accounts. And as your balances grow, so do your benefits.

I received an inheritance. How is this money taxed?

The answer depends on your relationship to the deceased and other factors.

Estate Tax Calculator

Estimate what your estate tax liability might be.

Beneficiary
of a trust?
What you
need to
know

I inherited
retirement
assets.
What are
my options?

Ready to get started?
Call us if you have any questions
888.637.3343
Call 24/7
 
 
Work one-on-one with an advisor
Invest with an advisor
Receive one-on-one advice from
a licensed Merrill Edge Financial
Solutions Advisor™.
$600
Get up to $600 when you invest in a new Merrill Edge® account. How to qualify
Any information presented about tax considerations affecting your financial transactions or arrangements is not intended as tax advice and cannot be relied on to avoid any tax penalties. Neither Merrill Edge® nor its Financial Solutions Advisors provide tax, accounting or legal advice. You should review any planned financial transactions or arrangements that may have tax, accounting or legal implications with your personal professional advisor.

AR4VYHD4-EXP01112018