Nolan Baker and Chaz Price discuss how to make an inheritance last longer and provide lasting impact. They emphasize the importance of creating a financial plan, considering tax implications, paying off high-interest debt, and avoiding lifestyle splurges. They also highlight the role of trust planning in protecting inherited assets and the benefits of thorough tax planning. The conversation delves into strategies such as Roth conversions, asset location, and tax-efficient withdrawal plans.

Learn more about America's Retirement Headquarters online.  Follow us on Facebook, YouTube and LinkedIn for even more helpful insights you can use for retirement.