Wow, getting choppy out there. If I’m supposed to be receiving an inheritance in ~7 months that’s currently all stock, would you ask that the executor sell at some point, or leave them as investments?

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Depends how old you are and what your plan is with the inheritance. Personally, I would keep it invested and hold for the long term, but I am 27 and do not have any big purchases in the near future.

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I’m 27 too. I don’t know what it’s individually invested in yet.

Depends on your risk tolerance and if you "need" the funds in 7 mo or if you'd just invest it anyway.

If you are planning to buy a house, get married, etc in 7 mo and additional losses would potentially crush your dreams then you should be conservative and cash out a portion. Otherwise you are probably better off leaving it invested

From a tax perspective, I believe there is a stepup on basis upon death so your lots are probably sitting with unrealized losses. If they are sold now do you still get the tax benefits of those losses?

Thanks. I’m leaning towards requesting I receive my portion in shares and riding this out. I would invest anyway.

Depending on how hard-line the executor is, they may not even be able to sell it — in other words, it’s not theirs to sell. You technically inherit the equity, not the value, once the estate is settled. What you do with it once you actually own it is up to you.

Interesting. I always thought they just had to do whatever was “in the best interest of the estate to protect the assets” — but that seems completely open to interpretation when it comes to stocks. Right?

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