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Scenario

How siblings navigate inherited investment strategies and family values

My siblings and I inherited our parents' investment accounts and they're all in index funds, but my brother wants to hire a financial advisor to actively manage everything because he says that's what successful people do, and I feel like he's saying our parents weren't sophisticated enough to know what they were doing.

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More people experience this than they realize.

What we've seen

A financial decision has become a referendum on family identity and respect for the deceased.

Ideas that help explain it
Worth thinking about

“Where Are You with Index funds vs. active investing?”

If this sounds familiar, the Library can help you find the bigger picture.