Inheritance millionaires are individuals who acquire significant wealth through the transfer of assets from family members, typically after the death of a relative. This wealth can come in various forms, including cash, real estate, stocks, or valuable collectibles. The amount inherited can vary widely, leading some to become millionaires overnight. These individuals often face unique challenges, such as managing their newfound wealth and navigating family dynamics. Many inheritance millionaires may seek financial advice to ensure they make informed decisions about their assets, investments, and long-term financial planning, which can include considerations related to taxes and estate planning.