Do lottery winners need financial advisors?

[Julio88]

Yes, lottery winners need financial advisors. A financial advisor can help lottery winners to invest and manage their money in a way that will help them to secure their future and avoid making poor decisions. They can also help to protect the lottery winner's accounts from being drained by an abundance of wells intentioned lending and gift giving. Financial advisors can help the lottery winner to plan an estate, ensure they have the proper insurance coverage, and provide advice on how to best use their earnings

 

[James108]

It is a good idea for lottery winners to consult with a financial advisor. This is because winning the lottery can have a significant impact on a person's finances, and a financial advisor can help them to make the best decisions for their specific situation.