Receiving an Inheritance
- What does the 10-year rule mean for my inherited IRA?
- What are the tax implications of my inheritance?
- Why is it taking so long to get the money?
- Are there taxes owed if I sell the inherited investments?
- What is the best way to change the investments and not pay a lot in commissions?
Company Sale
- I hear terms like a CRUT, GRAT, and Donor-Advised Fund, to help lessen taxes on my sale. Can you help me understand these terms and if they are appropriate for me?
- What gifting strategies can I use to reduce the value of my estate after the sale?
- Do you recommend annuities or life insurance as part of the investment strategy for my sale proceeds?
Receiving a Bonus
- What is a good planning strategy when a large portion of my earnings are from an annual bonus?
- Can I contribute to my employer’s retirement plan with my bonus?
- How do I plan for wide differences in my bonus from year to year?
Lottery Winnings
- How do I avoid becoming one of the lottery winners who wish they never won?
- I need help in learning about investing. Can you suggest a resource?
Athlete Concerns (NIL and Pro Contracts)
- I don’t know where to start and who to trust. Can you help me?
- Everyone says not to worry about the money. They’ve got my back. Just focus on training. I’m worried about this. How do I stay involved in decisions about my money?
- What are some strategies that have worked for other professional athletes, so I have money to live on when I retire?
- I’m 24 and single. Why do I need a $3 million, 5-bedroom house in Florida?