“How should winners approach things so that they don’t become another casualty?
“If I won the lottery, I’d…fill in the blank.”
In three previous columns, you’ve read about ways to safeguard the income and integrate this into your estate, accounting pitfalls to avoid and wealth advice. What else should you be thinking about?As well-known sales coach Ursula Mentjes is fond of reminding us, “Money needs a place to go!” Her messages include the charge to plan ahead and make sure that the income supports your larger plan or vision.
For example, if family is one of your top values, making sure that you edify this with your spending strategies and patterns will be important.Make sure that your money decisions are yielding a good investment and be sure to work with your wealth adviser, accountant and estate planning attorney.
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