XML Financial Group Blog

Why Some Assets Are Not Worth Leaving Behind

Written by XML Financial Group | Nov 16, 2021 3:00:00 PM

Your estate plan is all about building the ideal financial legacy to leave behind for your loved ones. Leaving an inheritance is a great way to build intergenerational wealth and give your heirs a financial boost that can help position them for long-term financial security. 

But not all assets are created equal, and some assets come with a certain tax or legal requirements that can make inheriting them more trouble than they are worth. This Kiplinger article highlights five types of assets that you may be better off selling now than leaving behind for the next generation.

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This communication is for informational purposes only. No content or reference to a third-party article is intended to be a recommendation for the sale or investment in any product, strategy or service nor should it be perceived as individual advice. This commentary does not necessarily reflect the opinions of all employees or XML Financial Group and its affiliates (“XML”).  XML is not responsible for any actions taken related to this information.