Inheritors
Losing a loved one is hard. The last thing you want to do is to recalibrate your financial future while in mourning. Peak can help you navigate the intrinsic challenges and opportunities that come with receiving an inheritance.
Who We Serve - Inheritors
An inheritance can provide potential flexibility or complete financial freedom, but only if you are thoughtful and purposeful in your planning. You might now be in a position to eliminate debt or put the appropriate savings aside for your children’s college education. But if you must choose, what is the right decision here? Retiring seemed like an impossibility a couple of years ago, but the inheritance you received can now help ensure its reality, assuming the timing is right. Can this be modeled out with detailed projections and reports so you feel reassured and don’t stop working prematurely?
In receiving such a large sum, you might be struggling to identify the right time to enter the markets, and what investments would be prudent to achieve your long-term goals. Before you commit this liquidity, should you consider devoting some of this new capital to a business venture or utilizing a portion for a downpayment on a new house? And how does being the beneficiary of such a windfall affect your own estate planning? Your legacy plans might drastically change once you know all the possibilities.
Assisting clients make critical financial and legacy planning decisions is what Peak does.
Peak Asset Management helps clients:
- Organize their priorities by creating a comprehensive financial plan for the present and future
- Model choices such as paying off debt, funding higher education, and placing a down payment on a new home so they feel confident in putting the inheritance to work
- Manage complex investment decisions such as when to enter the markets and choosing the appropriate asset allocation based on their risk tolerance and goals
- Weave tax planning into the process so they will know how decisions affect taxes owed, and available tax mitigation strategies to deploy
- Review and revise their estate planning documents by considering how this windful affects critical areas such as trust planning, charitable giving and asset protection strategies
Our job as wealth advisors is to help you understand how you can effectively and sustainably use your wealth to live the life that you envision. We believe inheriting money presents an opportunity to honor your family’s legacy and a corresponding responsibility to be a good steward of your family’s wealth.
Nick’s Story
