Inheritance and New Wealth

If you’ve just received an inheritance or an unexpected windfall you might be confused by all the choices you have in front of you.

Should you pay off the mortgage, or the credit cards? Or maybe upgrade on the family home? Before anything else, and before you’re tempted to take the family on an around-the-world jaunt, it’s important to sit down and review your current situation and what your priorities are.

Exercising some prudence and restraint – particularly in the early days – is critical. An adviser can help you reassess your finances and develop a logical plan, and help you weigh your options.

Many considerations come into play such as tax issues, and getting professional advice will provide you with the information you need for making the right decisions.

Ring us on (02) 9248 0444 to speak to a financial adviser or make an appointment.