Life can bring a variety of wealth events that lead to financial windfall, including the sale of a business or real estate, an inheritance, lottery winnings, or a legal settlement. An increase in wealth, especially when unexpected, large, and/or sudden, requires thoughtful planning. To help guide you through a such an a event, we are sharing this checklist with you: Issues To Consider If You Experience A Sudden Wealth Event.  The checklist covers key considerations, including:

  • Cash flow impact
  • Asset & debt issues
  • Insurance planning issues
  • Tax planning

If you answer “YES” to any of these questions, be sure to consult with your financial advisor as individual situations may vary. For more information, contact the PBMares Wealth Management team.

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PBMares Wealth Management