• Quotes
  • Shortcuts
The Executive's Internet
Sun, May 19th



Setup News Ticker
Searching for 'Million air'. (Return)

Yahoo BusinessMay 19, 2024
Forget AMD: Consider These 2 Millionaire-Maker Stocks Instead

The Motley FoolMay 19, 2024
Is Energy Transfer Stock a Millionaire-Maker?
Energy Transfer stock can make you a millionaire, but you need to do this one thing.

KiplingerSep 25, 2022
I've Inherited a Lot of Money. Now What?
It's no surprise that many people who inherit millions of dollars are uncertain about what to do with their newfound wealth. The possibilities of becoming a multimillionaire overnight can be overwhelming, especially during a period when most are grieving the loss of a parent or other loved one.

SEE MORE How Much of Your Estate Will Be Lost to Taxes? I often work with people in many different age groups who have suddenly become wealthy as the result of a windfall inheritance. While there is a need to develop a comprehensive financial plan, it's not the first step. Instead, I try to determine each person's starting point with money. Many people fall into one of three categories:

They are anticipating how they will handle their wealth, but the money hasn't yet arrived.They have their inheritance — often several million dollars — but they are still grieving the loss of a loved one and are looking for guidance on next steps. The inheritance has been in their bank account for a long period, but they still lack direction and can't make any decisions.   It is important to listen to each person's personal story with a windfall of money. Losing an important person in your life is difficult, and reflecting on the impact that person made is just as important. Many people express a desire to do something to honor a parent's wishes. 

Figuring out how to make the best use of an inheritance Here is how I generally approach these conversations to help a person make the best use of their inheritance:

Define their relat

StockBuy Dividend AI Magnificent Right
StocksBuy Dividend Right Magnificent These
Mercedesloss Mercedes-Benz UAW Slows Southern
TheseStocks Dividend Forget simple Billionaires
workersAlabama Adam Hamawy doctor Gaza
VoteAtlanta Trump urges Hill Biden
ChinaEU Tsai Ing-wen president who
AssetsRussian court seizes UniCredit Deutsche

Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
INSEAD Knowledge
International Tax Review
L.S. Starrett News
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ World Markets
Yahoo Business
  • CEOExpress
  • c/o CommunityScape | 200 Anderson Avenue
    Rochester, NY 14607
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2024 CEOExpress Company LLC