In America, approximately 70% of people who receive sudden wealth, whether through inheritance, lottery winnings, or legal settlements, lose it all within a few years. This startling statistic reveals ...
It may surprise you to hear that one of the most important pieces of financial advice you’re likely to receive this year has nothing to do with the latest investment ...
Every week, Allworth Financial’s Steve Hruby, CFP®, and Bob Sponseller, ChFC®, answer your questions. If you, a friend, or someone in your family has a money issue or problem, feel free to send those ...
In the popular imagination, receiving an inheritance always sounds like a good thing — after all, who doesn’t want a financial windfall? And inheritances can certainly be life-altering events. But ...
Money stress can quietly reshape legal rights in marriage. When inherited funds are shared to “build trust,” they may become ...
Wondering about what kind of professional you can trust with financial advice? Finding a financial advisor who is a fiduciary is a good first step, experts say. A fiduciary is someone who has a legal ...
Receiving an inheritance or a financial gift can feel a little bit like winning the lotto. It’s easy to have already spent the lot in your head. Some of your plans might be sensible – paying down the ...
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