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Reply to "Inheritance--where to put the money while deciding what to do with it?"
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[quote=Anonymous]we both inherited small amounts and used it for tuition, home improvements. DH got 1 first and just put it in joint so I did the same-his was 5x mine. If your children are young and big tuition hasn't kicked in put it in designated accounts. If I inherited 1m and had a hefty mortgage on a joint property I'd pay that off as well as car loans etc. I think some are dealing with far larger inheritances.[/quote]
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