The Flanigan Law Group, A Professional Corporation
Call Our Irvine Office Today
Click Here To Call Now
Local: 949-450-0041
Toll Free: 800-732-2413

5 Steps to Help You Protect a Financial Windfall

Just about everyone dreams of winning the lottery; however, most of us who come by a financial windfall do so because of an inheritance. There are a number of asset protection and estate planning strategies to employ to help you protect your inheritance or any large sum of money that you come by, unexpectedly or not.

Here are 5 tips to help you protect a financial windfall:

· Create goals for what you want to do with your windfall before spending any of it;

· Consult with a financial planner and/or estate planning attorney before making any investments;

· Be sure to subtract taxes and current debts from the windfall before making a spending plan;

· Update your estate plan and considering establishing trusts to protect assets;

· Consider donating to charity via donor-advised funds that allow you to invest, receive a deduction and make donations on your own schedule.

The Flanigan Law Group provides Southern California residents with personal attention for estate planning, administration and litigation legal services. When disputes between families, arise, they are very successful in resolving legal estate issues quickly and efficiently while preserving financial and emotional resources. Contact the Flanigan Law Group at 949-450-0041.

No Comments

Leave a comment
Comment Information

Learn How We Can
Help You

Send Us An Email

How May We Help?Send Us An Email

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

15615 Alton Parkway
Suite 450
Irvine, CA 92618

Toll Free: 800-732-2413
Fax: 949-271-6346
Map & Directions

Review Us