The Inheritance Playbook: Helping Your Parents Pass the Torch, Not the Tax

by Chad Holmes

DO YOU HAVE AGING PARENTS AND THE STRESS OF KNOWING YOU WILL BE SETTLING THEIR ESTATE SOMEDAY? DID YOU KNOW THERE ARE STRATEGIES AVAILABLE THAT YOU CAN IMPLEMENT WHILE THEY’RE ALIVE TO SAVE TIME AND MONEY?

In the delicate balance of aging parents and looming inheritance, the responsibilities of managing their finances can be overwhelming. But what if these duties could be transformed into a proactive game plan that benefits not only your parents but your entire family?

The Inheritance Playbook explores the nuances of serving as power of attorney, sharing insights you can apply to your own family’s unique circumstances. Author and expert Chad Holmes weaves complex tax-saving strategies into relatable, entertaining parables, making advanced financial concepts accessible and easy to comprehend. The strategies shared here aren’t reserved for the ultra-wealthy; they are tailored for any family navigating the emotional journey of losing a loved one and the fear of wasting the inheritance on unnecessary taxes and expenses.

In this engaging, occasionally humorous narrative, you will

What probate is and why you would typically want to avoid itThe benefits of being proactive before your parents pass awayWhat information you need to know now to avoid stress and headaches laterThe tax strategies that can be done for free and don’t require a fancy trustSimple hacks to maximize your inheritance and avoid unnecessary money loss
The time to act is now. Embark on a transformative journey that guides your family to take advantage of less-known tax laws to save money and simplify the estate settling process. Keep the torch of your parents’ legacy shining brighter for longer. Get a copy now!

112 pages, Kindle Edition

Published December 12, 2023

Reviews

[charlotte mark]

I came across The Inheritance Playbook while scrolling on tiktok and saw a short clip talking about estate planning. It caught my attention because I have aging parents, and it’s something I’ve honestly been putting off.

After reading it, I realized how many things I don’t know and should probably be discussing with my family now, not later. The book tries to simplify complex topics, and while some parts still require effort to fully understand, the overall message is very clear plan early or deal with the consequences later.

[Alex Williams]

I heard about this book through a mix of social media and a friend mentioning it, so I gave it a try. Reading it made me realize how little planning we’ve actually done as a family.
It’s not just about money it’s about avoiding stress and confusion later on. Some parts felt a bit technical, but the message behind it is strong. I just wish I had come across something like this earlier when certain decisions could have been easier.

[blessing joe]

Saw someone tweet about The Inheritance Playbook and decided to check it out. Didn’t expect much, but it’s actually a solid read.
It explains things most families avoid talking about like what happens when parents pass and how much money can be lost if you’re not prepared. I liked that it’s straight to the point and not overly complicated.
If you’ve never thought about estate planning before, this is a good place to start.

[Camile A.Smith]

This isn’t the kind of book you read for entertainment, but it’s definitely one of those you read for peace of mind. It covers topics most families avoid until it’s too late.
I appreciated the effort to make complicated ideas more understandable. It’s not perfect, but it’s practical and gives you something to think about moving forward.

[Kate]

I saw a quick clip about this book on tiktok talking about estate planning and it caught my attention because my parents are getting older and I haven’t really thought about any of this seriously.

After reading it, I realized how much I actually don’t know. It’s a bit uncomfortable at times but in a good way. Definitely makes you think about having those conversations sooner rather than later.

[Kate Michael]

Found this through a Facebook post in a group I follow. Thought it would be boring but it’s not as dry as I expected.

It explains things like probate and planning ahead in a way that actually makes sense. Not everything is super easy, but you get the point pretty quickly plan early or deal with problems later.

[Mathew david]

This book was actually more helpful than I expected. It explains things in a way that makes you start thinking about your own situation right away.

I’d honestly be interested in learning more or even reaching out to the author. If anyone knows where to find him or if he’s active somewhere, I’d like to check that out.

[Richard Lame]

I wasn’t sure what to expect going into this, but it turned out to be more useful than I thought. It covers topics that are easy to ignore until they suddenly become urgent.

The writing style makes it easier to stay engaged, even when the subject itself is a bit heavy. It’s definitely something I’d recommend to anyone who hasn’t started thinking about this yet.

[Mark AA]

This isn’t the easiest topic to sit with, but the book handles it in a way that feels manageable.

It helped me understand a few things I’d never really looked into before, and now I feel a bit more prepared instead of just avoiding it.

[Annah Scott]

I didn’t expect to get much out of this, but it actually surprised me. It explains things in a simple way without making you feel lost.

It made me realize there’s a lot I should probably be figuring out now instead of waiting until it’s too late.

[Miracle]

What I liked most is how straightforward it is. It doesn’t try to sound too technical, which helps a lot with a topic like this.

It made me more aware of how important it is to plan ahead instead of leaving everything for later.

[Jordan dave]

I finished this and immediately started thinking about my own family situation. It feels like there’s more I could learn beyond what’s in the book.

Does the author have a website or somewhere people can reach him? I feel like this is the kind of guidance a lot of families need.

[Noah Liam]

Really solid read. It simplifies things that usually feel confusing and overwhelming.

I’m actually curious if the author does consultations or shares more content somewhere. If anyone knows where to find him, let me know.

[Alexis Jessica]

This book is pretty straightforward but it stays with you after you finish it. It made me realize how easy it is to ignore this kind of planning until it’s too late. Definitely gave me a different perspective.

[Nason Russ]

A must-read if your parents are alive and will leave you money!

My father is still alive and almost 97, but still mentally acute. Still, I wished I talked to him about the things discussed in the book 12 years ago when my mother passed away. Each of the approaches discussed in this book are complex, though the author does his best to simplify things. My challenge now is to find someone locally with long-term knowledge of multi-generational tax and inheritance issues. As the author points out, most CPAs are only concerned about this year’s taxes, and even less concerned about planning now for your how to inherit their money with the least amount of tax consequences.

[Joe]

This is a very helpful, insightful, informative book. It’s easy to read and really gives some clear strategies to consider with clear examples how things work. It’s positioned for handling your parent’s finances/estate, however I found it very helpful giving me things to consider now for my own financial “estate”. Some of the insights I already understood as I have a financial background. Several of the insights were things I came to on my own but only after realizing my own moves may have some bad side effects. Reading this book gave me more areas I will consider and look into. Very helpful!!

[Natalie Green]

Quick and easy read that provided me with information about retirement planning and things I need to ask my parents and MIL. It helps if you have a basic understanding of retirement planning in the US and want to know more. The ebook had links to resources that I will definitely be referencing in the near future!

[Beth]

4.8

[Lisa Schultz]

Very practical, easy to read, and valuable for planning!

[Helen]

case study with details, very useful.

[Nikki Elizabeth]

The opening chapter sets an emotional and relatable tone. Holmes acknowledges the discomfort many people feel when thinking about their parents aging and eventual passing. Instead of avoiding the topic, he encourages readers to confront it early, positioning preparation as an act of love rather than pessimism.

[Alice P]

Helpful food for thought. A few great take aways I hadn't thought of. Like keeping communication with parents open, keeping the cell phone active even after death for a period of time, information on Probate, etc.