by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning a huge lottery jackpot like Powerball or Mega Millions changes your life instantly. Your first year as a big winner will be full of excitement, new chances, and challenges experiences most people only dream of. Handling sudden wealth needs careful planning and...
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning a sweepstakes can be a thrilling moment. Many wonder if they can use a trust to manage their winnings. Trusts are a smart way to protect and manage sudden money, giving winners a clear plan for their wealth. Having a trust for sweepstakes winnings can...
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning a prize is exciting, especially when it's close to the April 15th tax deadline. Claiming your prize needs quick and smart planning to keep your winnings safe. Knowing what to do right away is key to handling your unexpected money wisely.When you find out...
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning a sweepstakes prize is thrilling. But, understanding the tax rules for gifting it is key. Knowing how to handle taxes on a sweepstakes prize helps avoid IRS problems. The tax rules for sweepstakes prizes can be tricky. The IRS sees these prizes as income. So,...
by clicejames | Jun 11, 2025 | Taxes & Financial Planning for Winners
Winning a big amount of money is exciting. But, dealing with taxes can be tough. That's why you need a tax attorney to help manage your money correctly. Getting advice on taxes after winning is key. A good tax attorney can guide you. They help you use your money...
