Life in your 50s often brings new financial complexity. Careers are established, family dynamics may be evolving, and long-term priorities are coming into sharper focus. For some, this is also the decade where an inheritance becomes part of that picture – bringing both opportunity and responsibility. Receiving an inheritance isn’t just about what you gain – it’s about understanding what it truly means for your financial future. From tax implications to how it fits within your broader wealth plan, clarity is key. In this short video, Catriona Coady, Head of Tax at Goodbody, explains why taking the time to understand what you’re inheriting matters – and how planning ahead can make a meaningful difference. “There are tools that can help families manage inheritance efficiently – like the annual small gift exemption or Section 72 or Section 7 policies to cover future tax bills. A financial advisor can guide you through the options and take the pressure off at a time that’s already difficult,” she says.

Investing Masterclass

Every decade brings the opportunity to build new knowledge. Your 50s are an ideal time to deepen your financial understanding – bringing greater clarity and confidence to the decisions that matter most. Our Investing Masterclass is a practical, self paced educational series designed to support you at every stage. From navigating market trends and building an investment strategy, to financial planning, pensions and inheritance, each module is designed to help you make more informed choices with confidence. This is the decade where competing priorities come into focus – building wealth, supporting others, and planning for the future. Taking a clear, considered approach can make all the difference. Make it count.

If you have a financial query, you can contact Goodbody’s all-female advisory team at [email protected] or visit goodbody.ie.