Inheritances can be both financially and emotionally challenging. This episode of 5 Questions with Fidelity discusses the many complexities of managing one. We’ll start with common missteps heirs make and then look at how different assets are passed and taxed. We’ll also share ideas for prioritizing different goals you have for the money. Key Takeaways - Be cautious of increased spending after an inheritance. You might first consider addressing high-interest debt and ensuring your emergency savings are full ...