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4 result(s) displayed (1 - 4):

December 07, 2011

National Lottery

Winning the national lottery is a fantasy for most people. Americans spend billions of dollars in hopes of matching lucky numbers or revealing winnings on scratch off tickets. They dream of all the things they will buy and investments they will make.

Americans often refer to the national lottery when speaking of games like Mega Millions and Powerball. Lottery winnings are amassed from people purchasing lottery tickets across the nation. Individual states also have their own lottery system with region-specific games.

With national games, lottery winnings can amount to several hundred million. The highest lottery jackpot recorded occurred in January 2011 and amounted to a whopping $380 million paid out through Mega Millions. The highest Powerball winning to be recorded amounted to $340 million.

Real Estate Investing article on "National Lottery "

September 05, 2011

Inherited Roth IRA

Even though an inherited Roth IRA is subject to tax levies when transferred to beneficiaries, it can be a smart approach for keeping financial assets out of probate. Account holders pay taxes when they make deposits into the IRA, but fund might be subjected to estate tax if they exceed allowable exemptions.

When heirs acquire an inherited Roth IRA it's best to retain the services of a tax accountant. Rules surrounding estate tax has changed over the past three years, with additional changes planned for 2012.

Real Estate Investing article on "Inherited Roth IRA "

June 14, 2011

Inherited Wealth

People often dream of inherited wealth and fantasize about all the things they would do with the money. Most people talk about buying a mansion, cruising around the world in a yacht, taking lavish vacations, and engaging in shop-a-thons. While it can be fun to indulge in material things, the smarter thing to do is make investments to expand wealth.

Inherited wealth usually arrives in the form of inheritance from a deceased relative. However, large sums of money can also be awarded through lawsuits, financial investments, real estate investing, and lottery winnings.

Real Estate Investing article on "Inherited Wealth "

June 03, 2011

Inherited Wealth

If you inherited wealth, what would you do with the money? Would you invest in real estate or financial products? Would you buy lavish gifts for loved ones? Would you go on a spending spree or take luxurious vacations?

Deciding what to do with inherited wealth is a problem many people wish they had. In reality, inheriting large sums of money often feels more like a curse than a blessing. Suddenly, people you haven't heard from in years want to reconnect. Relatives assume you'll be eager to share your newfound wealth and buy them whatever they desire.

Real Estate Investing article on "Inherited Wealth "