An inheritance can push a household into estate planning complexity they've never had to manage before.
Crossing the $2M threshold for the first time — or adding significantly to an existing estate — creates new federal and state tax exposure, titling decisions, and planning obligations. The decisions made in the first 90 days matter.
What changes at the $2M–$30M level
Your action plan
Ordered by urgency. Items marked "Immediate" should be addressed within 60–90 days.
Non-spouse beneficiaries must distribute inherited IRAs within 10 years. Annual RMD requirements within that window depend on when the original owner died.
Do this in My Wealth Maps →Add the inherited assets to your existing estate and run a fresh estate tax snapshot. You may have crossed a threshold that changes your planning priorities.
Do this in My Wealth Maps →Assets you just inherited need their own beneficiary designations — they don't automatically flow to your existing plan.
Do this in My Wealth Maps →Stepped-up basis resets capital gains on inherited assets. Selling timing, titling into a trust, and carryover basis for IRAs all require careful coordination.
Find a financial advisor →Trusts, distribution provisions, and strategies written before the inheritance may be inadequate for your current estate size.
Find an estate attorney →How prepared are you for inheritance?
Answer 5 questions and get a personalized readiness score with specific gaps identified.
Get professional help
An estate attorney can execute the legal documents and trust strategies this event requires.
Browse attorneys →A fiduciary advisor can model the financial impact and coordinate strategy across your full picture.
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