Financial Planning After a Sudden Windfall or Inheritance скачать в хорошем качестве

Financial Planning After a Sudden Windfall or Inheritance

Matt D’Amico, CFP®, ChFC®, at Networth Advisors, explains the three key steps to take after receiving a financial windfall, like an inheritance or large gift. Learn how to pause before spending, understand tax implications, and create a plan to protect and grow your wealth. Whether it’s paying down debt, funding retirement, or investing for the future, this video shows how to make your windfall work for you. Timestamp Overview: 0:03 – Introduction: What to do after receiving an inheritance or financial windfall 0:18 – Step 1: Review your financial plan before spending 0:37 – Why it’s wise to wait before making big financial decisions 0:46 – Step 2: Understand the tax implications of your inheritance or windfall 1:16 – Examples of taxes that may apply (estate, federal, state, lottery) 1:14 – Step 3: Create a financial plan for your new assets 1:32 – Prioritize emergency funds, debt repayment, and long-term investing 1:52 – Smart ways to allocate inherited money for the future 2:01 – Avoiding major purchases that could diminish your wealth 2:13 – How Networth Advisors helps clients manage and plan windfalls 2:24 – Next Steps: Contact information for scheduling a meeting To schedule a meeting, call us at (800) 822-3639 or email schedule@networthadvisorsllc.com. ------- Networth Advisors, LLC is an SEC registered investment adviser. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Networth Advisors, LLC and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. “Likes” or comments are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback, please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Therefore, we do not allow commenting on our public posts. As an SEC registered investment advisory firm, we are restricted from posting, publishing or otherwise disclosing any form of testimonial or endorsement which is related to our investment advisory services. Social media recommendations and endorsements may be viewed as a testimonial. This policy requires that we block any recommendations or endorsements or commenting. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. Links to websites and other resources operated by third parties are provided as information only, and there can be no assurance as to its accuracy, suitability, or completeness. Networth Advisors, LLC does not endorse, authorize, or sponsor the content or its respective sponsors and is in no way responsible for third party content, services, products or information on this website, or for the collection or use of information regarding the web site’s users and/or members. Insurance products and services are offered and sold through individually licensed and appointed insurance agents. Our advisors will uphold fiduciary standards when offering the sale of insurance products to clients.