Dealing with a windfall
Someone dies and leaves you a half-million dollars, and it’s a problem?
For some baby boomers, it is.
Receiving a windfall, through inheritance, insurance, or even the sale of a business, can be more of a curse than a blessing, financial advisers say. That’s because you’re trying to make intelligent decisions about large sums of money while at the same time grappling with profound emotional issues.
Read more about financial windfalls and how to handle them in Your Money Sunday.