{"product_id":"sudden-money-managing-a-financial-windfall-hardback-9780471380863","title":"Sudden Money; Managing a Financial Windfall (Hardback) 9780471380863","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eSudden Money\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eManaging a Financial Windfall\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eSusan Bradley (Author), Mary Martin (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780471380863, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 3 May 2000\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e336 pages\u003cbr\u003e23.8 x 16.3 x 2.9 cm, 0.633 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eFrom inheritances and divorce and insurance settlements to retirement payouts and the most recent phenomenon of stock options, the largest transfer of wealth in the history of America is now taking place. For some, this welcome event is relatively stress-free. But for those who are inexperienced in dealing with large sums of money, a windfall can be an overwhelming, even losing, situation. What is the difference between those who build on their financial gains and those who end up worse off than before? In this much-needed, one-of-a-kind book, top financial planner Susan Bradley gets to the heart of the matter by examining the emotional complexity of the windfall experience and how to manage it-and your newfound money-successfully.  \u003cp\u003eWhatever the sum involved, the impact of one's emotional state on the way money is handled--or mishandled--cannot be underestimated. In addition to the legal intricacies of receiving sudden money, the element of surprise that catches people unprepared also often leaves them there. Here, at last, is a type of \"owner's manual\" to sudden money that demystifies the process for recipients and their financial planners. Based on her work with countless clients, many of whose stories appear in this book, Bradley has developed a step-by-step program for moving safely through the three phases of building a solid financial foundation:\u003c\/p\u003e \u003cul\u003e \u003cli\u003ePreparation and Planning\u003c\/li\u003e \u003cli\u003eInvesting\u003c\/li\u003e \u003cli\u003eMonitoring, Giving, and Sharing\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eGiving individual attention to each possible windfall event, Bradley addresses their distinct tax consequences, insurance and estate planning considerations, as well as the crucial emotional component. She also shares advice on how to put together the proper team of advisors, including an attorney and a therapist. When correctly handled, an unexpected windfall can provide expected benefits that will continue far beyond the lifetime of the initial recipient---and turn sudden money into lasting wealth.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eTurn Sudden Money into Lasting Wealth\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMaximize your wealth and minimize your stress and confusion with this unique, indispensable guide to handling a sudden financial windfall. Written by nationally recognized financial planner Susan Bradley, \u003ci\u003eSudden Money\u003c\/i\u003e provides a complete program for successfully managing newfound wealth. Discover ways to:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eStay calm and not make decisions based on your emotions\u003c\/li\u003e \u003cli\u003eSeek experienced, professional advice\u003c\/li\u003e \u003cli\u003eAvoid pressure from others\u003c\/li\u003e \u003cli\u003eCreate and execute the best financial plan for you\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eMost important, \u003ci\u003eSudden Money\u003c\/i\u003e provides you with easy-to-implement, proven ways to ensure that your financial gains are more than fleeting good fortune.\u003c\/p\u003e \u003cp\u003e\"A 'must read' for financial advisors and for clients who have received financial windfalls. Susan Bradley has detailed--in an easy-to-apply way--a new financial planning discipline that is sure to become a vital part of discussions about the burgeoning wealth in this country.\"\u003cbr\u003e —\u003cb\u003eRonni Burns\u003c\/b\u003e, Wall Street consultant\u003c\/p\u003e \u003cp\u003e\"This book is essential for anyone who receives a financial windfall. It's an easy read and packed with useful advice.\"\u003cbr\u003e —\u003cb\u003eDon Phillips\u003c\/b\u003e, CEO, Morningstar\u003c\/p\u003e \u003cp\u003e\"Reading this book is like having a trusted friend explain what to expect, what to do, and what not to do at a happy time that can also be overwhelming and stressful. This book has been extraordinarily helpful to me.\"\u003cbr\u003e —\u003cb\u003eMarci Shimoff\u003c\/b\u003e, coauthor, \u003ci\u003eChicken Soup for the Soul\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\"Women in particular are often ill prepared to manage a financial windfall. Without careful planning, it could turn into a pitfall. Susan Bradley's book is a sensible guide on how to handle instant wealth.\"\u003cbr\u003e —\u003cb\u003eJennifer Openshaw\u003c\/b\u003e, CEO, WFN.com, Financial Network for Women\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eWhat is Sudden Money?\u003cbr\u003e \u003cbr\u003e The Three Phases of the Sudden Money Process.\u003cbr\u003e \u003cbr\u003e PHASE ONE.\u003cbr\u003e \u003cbr\u003e The Decision Free Zone: What It Is and How to Handle It.\u003cbr\u003e \u003cbr\u003e Feeling Your Windfall: The Chute of Emotions.\u003cbr\u003e \u003cbr\u003e Search for the Right Financial Planner.\u003cbr\u003e \u003cbr\u003e Goal Setting.\u003cbr\u003e \u003cbr\u003e The Reality Check.\u003cbr\u003e \u003cbr\u003e PHASE TWO.\u003cbr\u003e \u003cbr\u003e The Risk\/Reward Relationship.\u003cbr\u003e \u003cbr\u003e Stocks.\u003cbr\u003e \u003cbr\u003e Bonds.\u003cbr\u003e \u003cbr\u003e Mutual Funds.\u003cbr\u003e \u003cbr\u003e PHASE THREE.\u003cbr\u003e \u003cbr\u003e Staying on Track.\u003cbr\u003e \u003cbr\u003e Estate Planning: Transferring Your Wealth to the Ones You Care Most About.\u003cbr\u003e \u003cbr\u003e Giving and Sharing.\u003cbr\u003e \u003cbr\u003e THE SUDDEN MONEY EVENTS.\u003cbr\u003e \u003cbr\u003e Inheritance.\u003cbr\u003e \u003cbr\u003e Stock Options.\u003cbr\u003e \u003cbr\u003e Divorce.\u003cbr\u003e \u003cbr\u003e When Two Become One.\u003cbr\u003e \u003cbr\u003e Insurance Settlements.\u003cbr\u003e \u003cbr\u003e Winning the Lottery.\u003cbr\u003e \u003cbr\u003e Athletes and Entertainers.\u003cbr\u003e \u003cbr\u003e Retirement Benefits Package.\u003cbr\u003e \u003cbr\u003e Appendices.\u003cbr\u003e \u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52472066638104,"sku":"9780471380863","price":27.55,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780471380863.jpg?v=1785715306","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/sudden-money-managing-a-financial-windfall-hardback-9780471380863","provider":"Freshly Printed Books","version":"1.0","type":"link"}