re: WWYD if you were handed 50k

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Report it to IRS.

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Don’t worry. If it’s inheritance you’re exempt from taxes until it’s $5 million the last time I checked.

First thing to do is pay off any debts if you have any. Credit card, car loan, etc.

After that, put it in a low cost growth ETF (Vanguard, Fidelity) and don’t touch it. The S & P 500 (largest 500 companies in America) averages 9.5% per year going back 30 plus years. You won’t get that kind of return anywhere else.