When someone comes into an inheritance, the individual can be conflicted about where to spend the money. Should they spend their inheritance on cars, pay off the house or invest it? It is important for Texas beneficiaries to use and invest the newfound money wisely.
Say your retirement account is or will be filled to the brim. Each year you've contributed the maximum allowed, and you're comfortable in the knowledge that your children will inherit a sizable chunk of your wealth. That's all you need to know, right?