Balancing emotions, managing relationships, making practical financial decisions – dealing with an inheritance isn’t always simple. On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Melody Edwards, a senior financial adviser at Evalesco, to discuss the hidden costs of inheritance and aligning a windfall with your financial goals. 00:00 Introduction 02:52 Emotional and relationship dynamics of inheritances 07:43 Practical advice for managing an inheritance 10:08 Short-term and long-term financial strategies for inheritances 16:32 Final thoughts and tips 18:13 Conclusion and farewell #friendswithmoney #tomwatson #melodyedwards #inheritance Listen on Apple Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us:
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