Sudden Wealth

Up to 70 percent of people who come into sudden money—whether from winning the lottery or, more often, from an inheritance, insurance settlement, pension payout or the like—will deplete those funds within just a few years. Sudden wealth seems like a dream come true for most of us, if not an answer to all our problems. But the truth is pitfalls abound and it can be difficult to think clearly or navigate your options on your own. The right financial advisor can help you consider your options and develop a plan to make the most of your financial windfall.