Tag Archives: Sudden Wealth

Your finances after… a windfall

Inheriting a big lump of money is not without its pitfalls, including risky tax solutions and over-generous gifting. Winning the lottery or coming into a large inheritance may seem like a dream come true, but if you’re lucky enough to receive a lump sum there are some simple financial planning rules to follow to make […]

Scottish Legal News

Personal Injury Trusts are being under-used by the legal profession in Scotland – and families who have suffered a traumatic incident could lose out financially as a result. That’s the view of a leading Certified Financial Planner, who believes recipients of personal injury compensation awards need to be more aware of the benefits such Trusts […]

Dangers of Sudden Wealth?

In harsh economic times, the lure of a life-changing windfall has even more sparkle. Little wonder that Colin and Chris Weir from Largs are reportedly “tickled pink” with their £161m Euromillions jackpot. But what dangers await them? People who receive sudden wealth often suffer great frustration over how to deal with such a large amount […]