The Wise Inheritor: A Guide to Managing, Investing and Enjoying Your Inheritance

I stumbled upon this book at my local library and thrilled that I did. I ended up buying copies for other members of my family. It reads like a really good friend is walking you through the process--the financial and estate planning information is basic but, combined with some excellent writing, helps you start the process of planning for your future. It also really helps in dealing with the emotional issues, as well as the financial concerns, that arise when you find yourself in this situation. The book focuses on the emotional impact of losing someone you love, mixed emotions that follow and simply offers way to combine basic financial advice on how to cope. Also very gratifying in that it applies to small as well as large estates, so it's really for everyone.

This book is excellent for any inheritor. Although it does have some general advice on things to do, which is worth reading, it really made its mark regarding the emotional aspects of inheriting money. You might think "what's so emotional?" but when it happens, all sorts of feelings come out into the open. She gives examples of the reluctance of selling the vacation home where all the kids went every summer and liquidating the money from CD's that the parents felt was the safest investment. She does give some investment advice and also talks about "affluenza," the problem of raising children who don't really know the value of money (and working hard and not being instantly gratified) because the parents have money and can buy their children everything. In the end, she discuss the goal, to feel "heirworthy" where you can enjoy the money without all the emotional baggage. I would definitely recommend this book for both its psychological help as well as the investment advice.

This is an outstanding book! Great for those who inherit any amount of money.

Ms. Perry (the GO FISH heiress) has written a book that covers both the emotional and the financial sides of getting an inheritance. I found her advise on both sides to be sensitive and helpful. I recommend reading this book before giving or coming into an inheritance.

This book was wonderful. My father died 10 months ago and I just read this book. I wish I had found it earlier. The subjects discussed in this book are hard to share with others. Finally I realized there were others out there that felt as I have. I am going to be purchasing copies of this book to give to my attourney, the funeral director and my appraisor. My hope is that they will give them away to someone who is just starting to go through this processes. If you are an inheritor you need this book! It is also good for anyone to know information about estate planning.