You may not want to invest all of your inheritance with only your own future in mind. You may want to use all or part of the money to benefit others. For example, you can donate to your favorite charity—or to a variety of charities. If helping to secure the financial future of your children or grandchildren is your goal, you can set up a trust. With a trust, you can invest the money for a future generation and define the terms by which the money will be distributed. Trusts are complicated financial planning tools, so it’s wise to talk with a tax and legal professional before taking any action.

Whatever you decide to do with an inheritance, consider the future. Think about the long term, and what you expect this money to do for you and your loved ones. Very few people will inherit enough money to make their lives easy. Many people, however, will inherit enough to help make their lives more comfortable, if they plan wisely. After all, the person who left it to you thought ahead.