Inheritance poses investment possibilities and puzzles

When his father died last summer, editor and tax preparer Danny Marcus found himself faced with an unexpected problem: figuring out what to do with his inheritance.

Marcus, 60, was both thrilled and overwhelmed by the possibilities. Should he pay off the mortgage? Buy a condo in Florida? Save more for his retirement? And if he decided to invest it, where should the money go?

Rather than try to puzzle out answers on his own, the Marblehead resident decided he needed professional help. So he applied for a Boston Globe money makeover, saying the $76,000 inheritance “is more money than I’ve ever gotten at one time in my whole life.’’

via Inheritance poses investment possibilities and puzzles.