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Jeffery Palmer, ChFC®
Financial Planner
CA Insurance Lic. #0F60729
Cathy Davis
Client Service Specialist
Phone: 828-333-4748
Christina Palmer
Client Service Specialist
Phone: 828-333-4747
christina.palmer@prudential.com
Gaylen Allen
Client Service Specialist
Phone: 828-575-1250
Jaclyn Schmitz
Client Service Specialist
Phone: 828-333-4139
The Palmer Group
603 Alliance Court
Asheville, NC 28806
Phone: 828-687-8818
Fax: 828-687-4482
Website: jeffpalmergroup.com
May/June 2026
The Best and Worst Assets to Leave Your Heirs
Deciding what to leave to your heirs can be one of the most emotionally difficult—and financially important— decisions you'll make. It's crucial to understand which assets can most benefit your heirs and which might create headaches down the road.
Winners
Cash is always a winner. It's liquid, easily divided, and can be used instantly by your heirs. They won't need to worry about selling property or managing investments to access it. Additionally, securities, such as stocks that have increased in value, can be a great choice. They not only provide immediate financial benefit but can also be passed on in ways that allow heirs to benefit from the long-term growth of your investments.Real estate can also be a valuable asset to pass down. If your property is in a desirable location or holds sentimental value, it can serve as a meaningful legacy. However, it's important to think about the property taxes and maintenance costs your heirs might encounter.
Losers
Assets with significant mortgage debt can be a burden for heirs, who may face immediate financial pressure to sell or pay off the debt. Also, illiquid assets like collectibles or art might not be as beneficial unless your heirs have the knowledge and resources to manage or sell them effectively.Whatever assets you decide to leave behind, being proactive with your estate planning can prevent your heirs from unnecessary stress and confusion in the future. After all, you want to leave a legacy, not a puzzle.
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Jeffrey Palmer is a Financial Planner with, and offers securities and investment advisory services through LPL Enterprise (LPLE), a Registered Investment Advisor, Member FINRA/SIPC, and an affiliate of LPL Financial.
LPLE and LPL Financial are not affiliated with The Palmer Group.
This newsletter is general educational information provided by a Prudential Financial Professional and is not intended to market or sell any specific products and services, but rather provide general information about the subject matter covered only.
The Palmer Group and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.
The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.