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I’m 40 and my mother just died, leaving me with a $3.25M inheritance. How do I wisely use this windfall to ensure it’ll last me long term?

Take Rebecca, 40, who inherited $3 million in stocks and $250,000 in cash. She has a $100,000 mortgage and $25,000 in other ...

‘How do I encourage my heirs to take more interest in investing their inheritance after I’m gone?’

For many heirs, Ms. Watson said, an inheritance may be the largest sum they will ever manage, and it often arrives ...