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Center left wins Portugal presidential election first round, setting up showdown with far right politico.euSocialist leads Portugal presidential election exit poll, far-right second Al JazeeraSocialist, far-right candidate head for Portugal's presidential runoff ReutersHard-right populist wins a place in a two-way runoff in Portugal's presidential election
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The post Interview with the CEO: VAALCO Energy, Inc. (NYSE:EGY) appeared first on The Wall Street Transcript.
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The post Supply Constraints Could Drive a Long-Lasting Energy Supercycle appeared first on The Wall Street Transcript.
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It's the space program's first flight around the moon in half a century.
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New Mountain Capital has hit a $1.2bn final close for its second non-control fundraise, almost double the total it collected for its debut vehicle in the strategy.
The post New Mountain beats hard cap in $1.2bn close of second non-control PE fund appeared first on AltAssets Private Equity News.
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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
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Former Colorado Gov. John Hickenlooper said he will seek the Democratic nomination for president in 2020, becoming the first member of the crowded field to run by trumpeting a record of working with Republicans.
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