Should you use your inheritance to pay down debt?

By: Carmen Chai | CreditCards.com | June 20, 2017

Read More, and see what Mike Gomes says about Should you use your inheritance to pay down debt?

“Inheritances are becoming very common as people are aging,” says Mike Gomes, a Toronto-based certified financial planner at Ironshield. The windfall helps people cover the later years of their life or, if they’re carrying debt, it bails them out, he says.