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 big sweepstakes can change your life in an instant. On February 14, 2023, Edwin Castro won $2.04 billion in a lottery drawing. He chose a lump sum of $997.6 million. This windfall might seem like a dream, but managing it well is key. Estate planning is...
