Author Archives: Duncan Glassey

Unnecessary inheritance tax

UK taxpayers are wasting millions of pounds due to poor IHT planning according to annual research by Unbiased.co.uk. The research shows that the overall amount of unnecessary inheritance tax payments totaled £1.9 billion last year. The amount of wasted IHT payments has risen by 24 per cent compared to the previous year, 2007 equaling an […]

What is Sudden Wealth?

Question: Duncan, I hear the term ‘sudden wealth’ more and more often these days, but what is it? Answer: Well there’s gradual money and there’s sudden money.  Most of us are used to gradual money – earning an income and building a nest egg over time.  It’s a slow and steady process.  As our net […]

Sudden wealth no guarantee of health

Ever daydreamed about winning the lottery? You probably imagined a life of financial comfort and good health. But research suggests that such fantasies are often just that. Real lottery winners are not guaranteed either better health or even long-term financial security, say the economists behind two new studies. And amongst UK lottery winners, the problem […]

When Sudden Wealth Flows!

Many of us dream at some point in our lives about sudden wealth. What if we won the lottery, or a big-money contest, or inherited untold riches? Well, it does happen; what if it happens to you? Take for example, the lottery.  If you become a lotto winner your life is never ever going to […]

Athletes & Entertainers – implications of sudden wealth

New York – A new CNBC documentary called “Newbos: The Rise of America’s New Black Overclass,” will focus on the growing class of self-made black billionaires and multimillionaires – mostly under 40 – who have built wealth and influence in the sports, entertainment, and media industries. The show is an original one-hour primetime documentary. The […]