A lucky winner recently won $320 million in the lottery. This article by my friend and colleague Steve Hartnett, an estate planning expert, looks at an example of a prior winner’s mistakes. The next article in the series will examine strategies for lottery winners.
Planning for Lottery Winners, Part 1 of 2
Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.
Latest posts by Timothy P. Murphy (see all)
- Changing “Irrevocable” Trusts Through Judicial and Nonjudicial Modification - September 22, 2021
- Donor Advised Funds: Too Good to Be True? - September 20, 2021
- How to Apply for Medi-Cal in California - September 18, 2021
