Advising the Client With Sudden Wealth

摘要

Congratulations, you got it. If you just sold your business, received a substantial inheritance, or obtained a hefty legal settlement, you are now in a position envied by millions of Americans. Regardless if your wealth is a newfound friend or an old pal, any of the above events is likely to create certain impulses. Should you buy a second home in Scottsdale What about a new BMW? Or perhaps large diamonds are what make you smile? Ostentatious splurges may not be your thing, but there will certainly be some indulgences. Go ahead, enjoy your toys. The amount of money you have can certainly withstand a few rounds at the buffet of luxury goods and services. However, once you get past these fanciful urges, what do you do then? This money needs to last you a long time, and the lifestyle you want to maintain must be protected, but how do you accomplish your goals?