Do I Have to Pay to Receive an Inheritance?
Laura Adams, MBA
Ask Money Girl: Do I Have to Pay to Receive an Inheritance?
Ask Money Girl: Do I Have to Pay to Receive an Inheritance?Q. I’ve been told that I have an inheritance coming to me, but that I have to pay the FDIC a handling charge before I can receive the money. Is this true?
Answer. Absolutely not! You never have to pay the FDIC or anyone in order to receive an inheritance. This sounds like a serious scam that you should steer clear of to avoid being the victim of cybercrime. You can report information about this to the Federal Trade Commission so they can investigate.
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About the Author
Laura Adams received an MBA from the University of Florida. She’s an award-winning personal finance author, speaker, and consumer advocate who is a frequent, trusted source for the national media. Money-Smart Solopreneur: A Personal Finance System for Freelancers, Entrepreneurs, and Side-Hustlers is her newest title. Laura’s previous book, Debt-Free Blueprint: How to Get Out of Debt and Build a Financial Life You Love, was an Amazon #1 New Release. Do you have a money question? Call the Money Girl listener line at 302-364-0308. Your question could be featured on the show.