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Many people in their mid-life years may receive a financial windfall through the death of a parent. But there are emotional and practical issues around managing a legacy.
Should one prioritise pent-up spending needs or preserve it for the next generation? Is it best to pay down a mortgage or make extra pension payments? Will there be future inheritance tax liabilities? What is the best investment strategy with a view to retirement?
FT Money is looking to speak to people who are expecting or have received such a windfall and have views or questions about how to manage it. We will seek insights from financial planners on the key considerations.
We’d like to hear from you, under conditions of anonymity should you wish. To get in touch, email a few words about your situation to money@ft.com. We will keep your message in confidence.