Posts Tagged ‘Sudden Wealth Advisor’

If you play Powerball or Mega Millions in an office lottery pool, you should be forewarned. If you are lucky enough to win, you may be unlucky in litigation. Many office lottery pools end up in litigation because they are not structured correctly. I wrote a column for Forbes called “5 Rules if You Play…

I recently wrote a column for Forbes titled “Don’t Make These 6 Common Sudden Wealth Mistakes.” Here are the six common sudden wealth mistakes: 1. Making unnecessary decisions. 2. Spending money. 3. Promising anything or making commitments. 4. Sharing news with others. 5. Retreating. 6. Self-medicating with alcohol/drugs. You can read a full description of…

Robert Pagliarini was asked to provide lottery winner advice and was interviewed on BBC Radio today regarding the sudden wealth effect of winning the lottery. The lottery was making big news after Margaret Loughrey won 27 million pounds in this week’s Euromillions Lottery. You can read about her lottery win on the BBC News website. Margaret…

How can you become an anonymous lottery Powerball winner? If you thought winning the Powerball lottery was difficult, try remaining anonymous! While it may be difficult to remain anonymous if you win the Powerball lottery, it’s not impossible. But first, why would you want to remain anonymous? Why not raise the big cardboard check high…

HOUSEHOLDS BOOST THEIR SPENDING August saw a 0.3% gain in personal spending, and the Commerce Department also noted a 0.4% rise in personal income – the largest monthly increase since February. Consumer spending accounts for about 70% of GDP, and analysts widely expect about 2% growth in Q3; Q2 growth was pegged at 2.5% last…

Want to be on TV? I’m involved with Core Media Group (http://www.coremediagroup.com)—the company responsible for American Idol and others. They are putting a documentary style show on a major network channel about people who come into wealth overnight. It is not a “reality” show, but more of a documentary format. They are working with me because, as…

It can happen all of a sudden. Money that may or may not be expected comes to you overnight. But just what is sudden wealth? There’s gradual money and there’s money that comes suddenly. Most of us are used to gradual money—earning an income and building a nest egg over time. It’s a slow and…

Having worked with lottery winners and being recognized as a national expert on sudden wealth, I have financial advice for lottery winners. But first . . . congratulations on your win! As you’ve probably realized, nothing could have prepared you for the rush of emotions and adrenaline. [Read about our Sudden Wealth Lottery Winners Services]…

Robert Pagliarini was featured in a column titled “Sudden Wealth Syndrome” by the prestigious publication, Wealth Management. Here is a short excerpt from the column: Pagliarini identified some of earliest dangers windfall recipients often face which, if left unchecked, can lead to their financial and emotional demise: Many think they have more money than they…

Uncommon, or uncommonly wise? Occasionally, a couple or a family will elect to put their home into a revocable living trust, a charitable remainder trust (CRT) or a qualified personal residence trust (QPRT). There are advantages and disadvantages to doing this. People make this move for a variety of reasons. They may want to save…