What to Do with an Inheritance : 6 Steps to Protect & Grow Your Money - Robert Ellington-Montes // Nexus Wealth Management

Just inherited money, received a life insurance payout, settlement, or divorce assets? Don’t lose it to taxes, probate, or bad decisions — here’s exactly what to do with an inheritance in 2025-2026.

Robert Montes, Certified Plan Fiduciary Advisor and founder of Nexus Wealth Management, reveals the proven 6-step process he uses with clients to:

• Verify titles & beneficiary designations (avoid losing assets you thought were yours)

• Use step-up in basis to save tens or hundreds of thousands in capital gains tax

• Skip or shorten probate delays

• Transfer IRAs, 401(k)s, brokerage accounts, and real estate smoothly

• Build a tax-smart investment plan so the money lasts generations

• Avoid the #1 mistake that causes most people to blow through an inheritance fast

Timestamps: 0:00 – Why most people mess up an inheritance

2:00 – Step 1: Verify titles & beneficiaries

4:30 – Step 2: Step-up in basis explained (huge tax savings)

7:30 – Step 3: Death certificates & documents you need

8:50 – Step 4: How to choose (or fire) the right financial advisor

11:20 – Step 5: Transferring assets the right way + building your plan

16:40 – Step 6: Don’t spend it all – the 1-year rule

Searching for:

✅ What to do with an inheritance

✅ Inherited money mistakes

✅ Step-up in basis explained

✅ How to avoid inheritance tax

✅ Inherited IRA rules 2025

✅ Sudden money / windfall planning

Drop your specific question in the comments – Robert answers inheritance and settlement questions every week! Need help right away?

Email Robert@NexusWealthManagement.org or visit https://NexusWealthManagement.org

👍 Like + Subscribe for more no-BS advice on protecting and growing inherited wealth!

Give our small page a like and follow! https://www.youtube.com/@NexusWealthManagement