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| Kiplinger | Sep 25, 2022 | ||
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 | |||
| Enterprise Application News | Apr 07, 2022 | ||
"We want this country to be a global hub — the very best place in the world to start and scale crypto-companies," said John Glen, MP and UK Economic Secretary to the Treasury. Glen's comments came during a keynote speech at the Innovate Finance Global Summit during Fintech Week 2022. He also asserted the UK is the leading European financial technology (Fintech) hub, "second only to the US worldwide." To read this article in full, please click here | |||
