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Paramount Makes Hostile Bid for Warner Bros. Discovery The New York TimesHere's what to expect in Paramount's quest to elbow out Netflix and buy Warner Bros. Discovery CNBCKushner, Gulf money and desperate texts: inside Paramount's hostile bid for Warner Bros Financial TimesJared Kushner, the President's Son-in-Law, Is Part of Paramount's Bid for Warner Bros. Discovery The New York Times
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But even if you're not a big lottery winner in tonight's Powerball drawing, it's still worth heeding this advice for managing a significant sum of money
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Microsoft Confirms New Upgrade Decision For All Windows Users Forbes16 new features coming in Windows 11's huge December update PCWorldWindows 11 25H2 is coming to all PCs, whether you like it or not - but here's how to get it now if you're keen TechRadarLatest Windows 11 Update Introduces a Jarring Bug to File Explorer extremetech.com
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"Every little thing can be celebrated — a good month [or] a troublesome car that finally leaves. Go out and buy some ice cream bars and say, 'Guys that Bronco's out of here, let's take a minute and celebrate.' When an employee goes through training, whether that's just an after-work session put on by a local parts store or they go off to a training center that's out of town — when they come back, celebrate that. When leaders start to learn more about what motivations each of their team members has, they'll know what works. Some are money-motivated, some are time off-motivated, some want public recognition, some want private recognition. Figure out what works best for your individual team members and you'll figure it out. Then find ways to sprinkle that in with the birthday cake and the work anniversaries. I write a little handwritten card — 'Just another year on the team. Love having you here. Can't wait to see what this next year brings for you.' Same with the birthdays. You know, somebody gets engaged or has a baby, find a way to celebrate that. I hate to say it, [but] at funerals. We just had a grandmother of one of our technicians at the downtown Cleveland store die. You send flowers and you make sure that you make an appearance there. Some people will say, 'I didn't think you'd be here; you didn't have to send flowers.' Hey, we're in this together. We're a family. And sometimes that could be overused — you know, you're part of the family. But when you act like that — you celebrate birthdays, you celebrate successes and you mourn the loss together — it brings you together." — Bill Snow, vice president of franchise development and operations at Rad Air Complete Car Care in northeast Ohio, on the "Ratchet Wrench Radio" podcast.
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It's no surprise that many people who inherit millions of dollars are uncertain about what to do with their newfound wealth. The possibilities of becoming a multimillionaire overnight can be overwhelming, especially during a period when most are grieving the loss of a parent or other loved one.
SEE MORE How Much of Your Estate Will Be Lost to Taxes?
I often work with people in many different age groups who have suddenly become wealthy as the result of a windfall inheritance. While there is a need to develop a comprehensive financial plan, it's not the first step. Instead, I try to determine each person's starting point with money. Many people fall into one of three categories:
They are anticipating how they will handle their wealth, but the money hasn't yet arrived.They have their inheritance — often several million dollars — but they are still grieving the loss of a loved one and are looking for guidance on next steps.
The inheritance has been in their bank account for a long period, but they still lack direction and can't make any decisions.
It is important to listen to each person's personal story with a windfall of money. Losing an important person in your life is difficult, and reflecting on the impact that person made is just as important. Many people express a desire to do something to honor a parent's wishes.
Figuring out how to make the best use of an inheritance
Here is how I generally approach these conversations to help a person make the best use of their inheritance:
Define their relat
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