I was asked a couple weeks ago by a lovely couple, what they should do with their inheritance. The final parent had just passed away earlier this year and left a good amount to all the adult children to split. Inheritance is an exciting event to contemplate, but of course it comes at a very big expense. If you are a person who has this same question, I first want to offer my condolences to you and your family. You cannot have an inheritance without going through a major life event in your family. Here are some tips for financial planning and investment management for women, business owners and families.

As we approach the end of the year, I’ve been hearing questions about capital gains from clients. Some people have really large capital gains, usually because they’ve held an asset for a long period of time. These assets could be in stock, business interests or real estate.