Steps to take to protect yourself after a big win

Reply #3

realtorjim — Fri, 01 Jul 2016 01:05:29 GMT

Eloquently stated, LL.

Welcome as well, Buddy.

Reply #2

bondbuddy007 — Fri, 01 Jul 2016 00:29:18 GMT

Thank you LottoLucy.

Good information.

Reply #1

LottoLucy — Fri, 01 Jul 2016 00:22:10 GMT

Welcome Buddy!

For your financial advisor make sure you go with a fee only advisor. These people don't make commissions on anything they recommend. They are paid solely by you and have a fiduciary responsibility to you, the client.

The best way to assembly a team to guide you is research. Who are the top estate and tax attorneys in your areas? You can find this out by looking at resources such as US News and World Report where they rank law firms by area of practice. There are other places... [ More ]

Steps to take to protect yourself after a big win

bondbuddy007 — Thu, 30 Jun 2016 23:56:37 GMT

Hello,

I am a regular reader of LP forums and news. I also look at the USA Mega analysis for MM and PB to see how much the winnings could be after taxes in each state.

I joined today to make a first post. :)

I have read many posts about how to be responsible with the winnings, do charity work, how to put together a team of lawyers + financial advisors + CPA + tax consultant etc.

But i have not seen a list of specific actions to take that could help really protect oneself.

How can