|
Deadliest coal mine explosion in China in years kills at least 82 people, local officials say AP NewsChina's worst coal mining blast in over a decade kills 82 CNNDeadliest coal mine explosion in years kills at least 82 people in China, state media say PBSChina coal mine explosion leaves 82 people dead BBC
|
|
A Private Island Wedding for Donald Trump Jr. and Bettina Anderson The New York TimesDonald Trump Jr. and Bettina Anderson Wed in West Palm Beach The New York TimesA Close Reading of Trump's Statement on Attending His Son's Wedding The AtlanticDonald Trump Jr. and Bettina Anderson get married in Florida NBC NewsTrump to skip his son's wedding due to ‘circumstances pertaining to government'
|
|
Live updates: Tank leaking toxic chemicals in Orange County will spill or explode, officials say ABC7 Los AngelesGovernor Newsom proclaims state of emergency in Orange County in response to ongoing chemical incident in Garden Grove, makes additional shelter sites available California State Portal | CA.govMap shows Garden Grove hazmat incident and evacuation around aerospace plant Orange County RegisterOfficials race to cool down tank containing toxic chemical as
|
|
HIG Capital has brought in Brian Dutzar, Adam Whitman and Steven Stack to bolster its capital formation Group.
The post HIG Capital boosts wealth management capital raising with triple hire appeared first on AltAssets Private Equity News.
|
|
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
|
|