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NSTA has fined one company more than £16mn this year and vows to enforce deadlines
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Live updates: Total solar eclipse sweeps across Europe CNNMillions in UK and Europe left wowed by once-in-a-generation solar eclipse BBCTotal Eclipse Blacks Out European Sun The New York TimesCruise ships, quiet towns and an all-day festival: millions flock to eclipse viewing spots across Europe theguardian.com2026's only total solar eclipse darkens skies across Northern Hemisphere. See photos, video from the best viewing locations. CBS News
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Lakers to be sold to Bob Iger, Joshua Kushner 1 year after Mark Walter bought team - The Athletic The New York TimesSources: Josh Kushner, Bob Iger to buy Lakers for $12.5B ESPNLos Angeles Lakers sold to Bob Iger, Josh Kushner for $12 billion: Reports WTNH.com10 most expensive pro sports franchise sales: Lakers top list sports.yahoo.com
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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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