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Windfall?

probyn

Well-known member
Mar 4, 2010
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Lets suppose that you get a windfall, maybe win the lottery or inherit alot of money. You set up a committee to advise you on how to invest your money. Who would you invite to join the committee and why?
 

Prophet

Member
Aug 29, 2001
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Toronto
A very tax savvy accountant, a lawyer with estate planning knowhow, and a financial planner.

But I might meet with the financial planner alone first, and start laying a roadmap. You bring the others in later to clarify.

Don't bring in an investment guy yet. They'll rush your decisions and skim your cash.

Windfall money should be put to bed for 6-12 months while you get your head around it, anyway. For the big big money especially.
 
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