Inheritance Advice

Deposit the money in a stable, liquid account such as a money market account.  You can afford to take a couple of months to deal with your emotional needs rather than rushing into investments that you may regret later.

Think about using the money to build a secure future.  Work out how much you need to save for retirement and invest wisely.

If you inherit an IRA, you can continue to take advantage of tax-deferred savings as a beneficiary.  The rules are different for spouses and non-spouses, and traditional and Roth IRAs. 

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