How To Prepare For A Financial Windfall So You Don’t Lose It All
- By
Julia Austin
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What does that team look like?
A CPA, a financial planner, and an attorney are a good start for your money management team, according to Washington. While she wishes someone’s first answer to, “What would you do with a million dollars?” would be “Handle my taxes,” she says it’s usually something like “I’ll buy a house” or “I’ll buy a car.” Sometimes those who come into a lot of money jump to buy things for their loved ones. But a financial team can help them strategize before they start upgrading their lifestyle.
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