Loaded Questions: What should I do with my inheritance?

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.