Ask an Adviser - Should We Use Inheritance To Pay Off Debt Or Invest? (4)

I recently received an inheritance of several hundred thousand dollars. We have got a small mortgage ($150K) and outstanding debt of 90K (car, credit cards etc). Both my husband and I are mid 40’s and work and bring in about $110k per year together. Should we use the money to pay off debt and mortgage or should we invest it? Are there any better options?

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