inheritance

Expecting an Inheritance? 3 Tips to avoid wasting sudden wealth

$177,000! That’s the average amount an American is expected to inherit according to HSBC Holdings, a banking company. The cliche “easy come, easy go,” should never apply to an inheritance, but often does. Studies show heirs lose, spend or donate half of their inheritance. Although you didn’t work for it, bear in mind that Aunt Tilly or Grandpa Tom probably worked really hard to amass the wealth they have passed on to you. […]