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Won the Lottery? Don’t Do This.

January 7, 2020

Your adult son is asking you for money again. He wants $100,000 to open a second restaurant to expand into a new market. You’re inclined to gift him the money since his first restaurant has been a great success. But here’s the thing: he’s sitting on $44 million after winning the lottery a few years ago. He invested the proceeds prudently so that the performance gains alone have amounted to almost $3 million a Read More

Filed Under: financial planning, nonprofit risk management, Blog Tagged With: philanthropy, cash, cash management, charitable giving, assets

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Fairlight Advisors, LLC
315 Montgomery Street
10th Floor
San Francisco, CA 94104
Phone: 1.844.309.6248
Email: support@fairlightadvisors.com

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