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Receiving an inheritance or unexpected assets

These tips can help you feel prepared 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
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You have certain rights as a beneficiary. These tips can help you protect your interests.
The answer depends on your relationship to the deceased and other factors.
Estimate what your estate tax liability might be
Preferred Rewards
Preferred Rewards
Transfer new assets, such as an IRA from an outside institution, and you may qualify for real benefits and rewards on your Merrill investment and Bank of America banking account.
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Merrill Guided Investing with an advisor
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Important disclosures

Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.