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What is the best thing to do with $10,000?

I have just found out that I will be inheriting $10,000. I want to maximize whatever I do with it, but I am not sure where to start... [more inside]
posted by JoannaC on Jul 29, 2014 - 19 answers

How I made my first million?

About 10 years ago I inherited my grandmas small fortune of paper and coin currency she amassed during the 70's and 80's while visiting nearly 100 world countries. The shoebox-collection contains maybe 200 coins and 100 paper notes, and some of them are really quite impressive! I've been lugging this box around for years and the time has come to finally part with it (sorry grandma). I'm not a coin collector and really don't know much about any of it, but with the help of a few books I researched a handful of coins and notes only to find out they're not worth diddly (<$1, if that). I have a feeling most of the collection is like this except for a few gold Rand coins and some notes that were previously appraised. Hivemind: what are some ways to liquidate my collection?
posted by mrrisotto on Dec 9, 2013 - 12 answers

Answering the annoying "what do you do" question, and then some

I recently inherited enough money that will allow me to not work again. I still want to do things - volunteer, help others, keep busy, etc. How do I explain this to others and answer questions that people ask? [more inside]
posted by anonymous on Apr 10, 2013 - 54 answers

Can we track our inheritance?

We had some money in Switzerland, we don't know where it is. Now what? [more inside]
posted by anonymous on Feb 6, 2013 - 7 answers

Help me save my inheritance.

Help me save my inheritance. [more inside]
posted by anonymous on Dec 12, 2012 - 20 answers

Where to store an inheritance.

How in invest inherited money? [more inside]
posted by anonymous on Sep 29, 2012 - 7 answers

You are not my estate lawyer, finance lady, or tax guy. Can you help me find that person?

Grandma set up an uneven trust and we want to distribute it equally. Who do we talk to and what do we ask them? Questions about imbalanced inheritances, DIY redistribution of wealth, and taxes within... [more inside]
posted by anonymous on Jun 1, 2012 - 14 answers

I'm pretty sure the Bluth family is a terrible role model here

I'm inheriting $100,000. My parents are inheriting a lot more (around $1mil, but we're not sure the exact amount). Please give us advice. We're in the US (New Mexico). [more inside]
posted by Harry Potter and the Puppet of Sock on Jan 30, 2012 - 26 answers

I'd rather have a pot of money than an empty lot.

I spent a large chunk of inheritance money on a real estate purchase, and now I want it back. My husband doesn't agree with this feeling. There are of course special circumstances and emotions involved. [more inside]
posted by anonymous on Nov 10, 2011 - 15 answers

Will I need to pay taxes on this inheritance?

Will I need to pay taxes on this inheritance? [more inside]
posted by miskatonic on Sep 26, 2011 - 8 answers

Help me take ownership over my inheritance.

I am a noob when it comes to money matters, and need advice on how to take ownership of my inheritance. [more inside]
posted by Tooty McTootsalot on Sep 9, 2011 - 25 answers

What do I ask the money guy?

I have learned that I will inherit, with my sibling, a good sized estate including a house and some investments and a few trusts. These assets also come, if I want, with a "money guy" who was my parent's money guy. I have met this man and he has helped me with some basic early estate stuff and has indicated he'd like to work with me. I have a meeting with him and my sibling next week and I'd like to make sure I'm prepared and know what to ask him and could use some help generating questions. [more inside]
posted by anonymous on Aug 31, 2011 - 17 answers

How to invest a $75,000 inheritance

I am about to inherit a significant, but not enormous, amount of money. How do I manage this process without making myself insane or losing it all? Help me set up a basic investment plan. [more inside]
posted by fancypants on Aug 8, 2011 - 19 answers

How can I ask my uncle to hurry up dividing up inheritance?

My maternal grandmother passed away 5 months ago and my uncle has taken charge of handling her inheritance with her lawyer. He hasn't given any updates or information on how the process is going since his initial email 5 months ago, in which he told me that my grandmother had passed and that I would receive inheritance. How can I ask him to hurry up? [more inside]
posted by anonymous on Feb 27, 2011 - 18 answers

How to keep a chunk of money safe in the UK?

How do I safely look after a large chunk of money for a short period of time? Difficulty - I'm in the UK, and some of it isn't mine... [more inside]
posted by anonymous on Feb 4, 2011 - 6 answers

What sort of pro can help us manage inheritance across US and UK?

Unexpected inheritance of $100,000 - $150,000 complicated by move from the US to the UK in the next year. My wife and I have never dealt with financial matters beyond credit cards and a moderate paycheck before, who do we talk to in Los Angeles/Southern California to make sure we don't screw this up? [more inside]
posted by anonymous on Feb 1, 2011 - 18 answers

Are you an adult who is financially supported by your parents’ money? How do you deal with that?

Are you an adult who is financially supported by your parents’ money? How do you deal with that? [more inside]
posted by meta_asker on Dec 10, 2010 - 63 answers

How can I gain the best interest on my money while still accessing it?

I have been fortunate enough to unexpectedly inherit £35,000 from a relative who died prematurely. What should I do with it? Caveats inside. [more inside]
posted by anonymous on Dec 6, 2010 - 7 answers

To buy or not to buy - that is the start of my question

Should I buy land with a tear-down house given my special snowflake details? [more inside]
posted by anonymous on Nov 24, 2010 - 14 answers

I'm smart about some things, but this is not one of them

Going to grad school and just received an inheritance - how do I best manage my money? [more inside]
posted by anonymous on Jul 13, 2010 - 11 answers

How do I minimize the taxes on money I'm inheriting?

Suppose I were soon to receive a check for approximately $20,000. Also suppose that this represents a portion of my share of an inheritance from a relative and that additional monies will be forthcoming and, though I don't know exactly how much, that'll probably be on the order of $50,000 or so. What are the tax implications of this for me? What could I do to minimize the taxes I pay on this money? (I'm in the U.S.) YANAAccountant or MAccountant.
posted by Wisco72 on Feb 8, 2010 - 11 answers

What do we do with a 140k inheritance?

We live in San Diego. We have 140k in cash after an inheritance, a mobile home we can't afford, crappy jobs, and have never had this much money ever. How do we best invest this money? [more inside]
posted by veritas on Sep 11, 2009 - 35 answers

Who wants to be a multi-thousandaire?

My father died and we have to sell his house. I'm going to be inheriting $200,000+. Realistically, what would you do in that situation? [more inside]
posted by anonymous on Feb 17, 2009 - 21 answers

How to handle a retro-reduced inheritance?

How to handle a retro-reduced inheritance? [more inside]
posted by anonymous on Oct 13, 2008 - 14 answers

Where to invest during a financial meltdown?

I recently inherited about $100k. I'm pretty dumbfounded. This is the largest amount of money I will probably ever have to figure out what do with, so I want to be safe and smart and invest in the long term. I have no debts. I'm 30 years old and single. I know no one has a crystal ball, but what are your best guesses for what I should do with this money in light of our current financial meltdown? (I haven't even deposited the check yet... my bank is Wamu and I wasn't sure if it would fold).
posted by anonymous on Oct 10, 2008 - 37 answers

I wanna be a woman of independent means... for more than a few months.

Okay, so let's say you're a broke, middle-aged single female creative professional who infamously sucks with anything involving numbers. You do have expensive tastes, but you're generally quite frugal and like to shop at the 99¢ Store & swap meets. Even so, much to your own annoyance, you have just never done *well* with money when you've had it or ever done much grown up "long-term life planning"... but now you're about to come into a one-time windfall (possibly a six to seven figure sum in all). Oh Lordy. Time to grow up. [more inside]
posted by anonymous on Sep 14, 2008 - 23 answers

How to report tax info I don't have?

What date acquired and cost basis should I put for two items reported on a 1099-B, when there are several unknowns? [more inside]
posted by daisyace on Apr 10, 2008 - 8 answers

Do I risk it?

I'm receiving a sizable inheritance in the form of stock from a deceased relative. However, there's fairly good evidence that the person who's managed the relative's affairs all these years (due to this relative being incapable of managing their own affairs) has intentionally sold a vast majority of that stock because they didn't want to draw down their own inheritance. If I contest this, though, there's a clause in the will that cuts my inheritance to $1. Do I take the stock that's offered me, or should I risk it on recovering the rest? [more inside]
posted by anonymous on Mar 16, 2008 - 37 answers

Inheriting $25,000...

A family friend recently died and left me and my sister $25,000 each. Now what? [more inside]
posted by anonymous on Jan 26, 2008 - 13 answers

Help me figure out if there's any way to claim a deceased family member's unclaimed property

Help me figure out if there's any way to claim a deceased family member's unclaimed property [more inside]
posted by mintchip on Jan 20, 2008 - 6 answers

What to do with all that money?

I will soon receive an inheritance of about $100,000-$150,000 (numbers are vague right now). I'm looking for tips and advice for managing that money. [more inside]
posted by anonymous on Jan 14, 2008 - 16 answers

Inheritance and gifting

How do I handle inheritance by proxy? It will actually be a gift from a parent out of the inheritance from a grandparent. [more inside]
posted by anonymous on Aug 19, 2007 - 13 answers

How do I pay a large amount of money on my student loans?

I have a surprise chance to pay off my student loans (!), so how do I go about doing this in the way that's best for me? My "more inside" has a few details about possibilities / ideas. [more inside]
posted by anonymous on Sep 1, 2006 - 19 answers

mo' money mo' problems

How should I spend my inheritance? [more inside]
posted by greta simone on Aug 8, 2006 - 49 answers

How should American living overseas handle inheritance

Expat American hates money, inherits share of house, perhaps $100,000. Do I need an accountant, a lawyer or something else to advise? [more inside]
posted by planetkyoto on Dec 2, 2005 - 12 answers

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