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 · Rating 5 out of 5]

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 · Rating 5 out of 5]

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 · Rating 5 out of 5]

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.

[Thomas · Rating 5 out of 5]

I picked this up because I’ve been thinking more about my parents getting older, and I honestly had no idea what to expect.

It’s one of those books that makes you realize how unprepared you are, but in a way that actually helps instead of overwhelming you. Some parts take a bit of focus, but the main message is clear handle things early and save yourself a lot of stress later.

Glad I read it. Definitely something I’ll be coming back to.

[Camile A.Smith · Rating 5 out of 5]

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 · Rating 5 out of 5]

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.

[Emily John · Rating 5 out of 5]

Came across this on Instagram, just a random reel about avoiding probate. Didn’t even know what that meant before this. The book is pretty straightforward. Some parts you have to read twice, but overall it made things clearer. Main takeaway for me was don’t wait until it’s too late to figure this stuff out.

[Kate Michael · Rating 5 out of 5]

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 · Rating 5 out of 5]

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 · Rating 5 out of 5]

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 · Rating 5 out of 5]

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 · Rating 5 out of 5]

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.

[Riyard Kroos · Rating 5 out of 5]

This book really puts things into perspective. It’s not just about money, it’s about being prepared and avoiding unnecessary stress later on.

Some parts made me stop and think about conversations I’ve been putting off for a while.

[Miracle · Rating 5 out of 5]

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 · Rating 5 out of 5]

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 · Rating 5 out of 5]

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 · Rating 5 out of 5]

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 · Rating 5 out of 5]

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 · Rating 5 out of 5]

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 · Rating 4 out of 5]

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 · Rating 5 out of 5]

4.8

[Lisa Schultz · Rating 4 out of 5]

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

[Helen · Rating 5 out of 5]

case study with details, very useful.

[Nikki Elizabeth · Rating 5 out of 5]

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.

[Derick Scott · Rating 5 out of 5]

This was actually more helpful than i expected. It explain things in a way that makes you think about your own situation right way

I do feel like i still have questions though. Would be nice to know if the Author has a website or somewhere people can reach him.

[Lilyn Anderson · Rating 5 out of 5]

I liked how practical this book is.It deosn't just talk, It actually points things out you should be doing now.

kind of wish there was a way to ask the author few question. if he's online somewhere, I'd definetely check it out

[Rhea Joy · Rating 5 out of 5]

This Book gives you a different way of looking at things you probably haven't thought about enough.

it is simple, practical, and gets the point across without overcomplicating everything.

[Ellla · Rating 5 out of 5]

This is one of the books you don't realize you need it until you read it

It's simple ,straight to the point and makes you think about things you've probably been Avoiding