Deciding what to do with a large windfall is complex; it's about more than just numbers, it’s also about moral responsibility.
One concern for the individual is the potential for their future child to handle a significant inheritance at a young age, which necessitates careful planning.
Setting up a trust is a viable option for managing a future inheritance, allowing for control over how funds are allocated.
Utilizing a windfall for charitable giving can also serve as a meaningful way to handle excess wealth while benefiting society.
Collection
[
|
...
]