What to do (and what to avoid) when you receive an inheritance

Twenty-one percent of working-age Australians plan to use an inheritance for retirement, according to Vanguard. Financial experts advise seeking guidance to navigate tax implications and potential legal claims that could affect inheritances. Psychologist Natallia Smith stresses the importance of integrating inheritances into overall financial planning to make wise long-term decisions.

Summary by OZbrief · SMH