How to Prepare for a Windfall?

Answer A wealthy family member has passed away, your work is giving you a large bonus, you are getting your tax refund... Whatever the case, you are coming into a large sum of money. While remembering tha... Read More »

Top Q&A For: How to Prepare for a Windfall

Did shareholders get a windfall when Nortel sold their patents for $4.5 billion?

Of course not. Nortel has been in bankruptcy for a couple of years. Nortel even said after the auction that it expected that none of the proceeds from the sale would benefit equity holders and tha... Read More »