I’ve inherited $400,000 in shares. What should I do with them?

September 27, 2026 — 5:00am

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I’ve recently inherited $400,000 in shares and I am unsure what to do with them. My financial planning approach to date has been pretty simple: pay off the mortgage, then put whatever I can into super.

The mortgage was cleared two years ago, so all I’ve thought about is super. My initial inclination therefore is to sell the shares and put the money into super, but I’m conscious that this will trigger capital gains tax, which is not insignificant. Appreciate your thoughts.

Your plan of attack thus far sounds very sensible. I’d be interested to know your superannuation balance. If it is under $500,000, perhaps you have some unused concessional contribution caps from the previous five years. If this were the case, you may be able to make a tax-deductible catch-up super contribution and use that tax deduction to offset the capital gains from the share sales. The share sale proceeds would fund the........

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