9 Smart Moves for Lottery Winners

Strategy #2: Place Assets in Trusts Trusts are powerful tools for both asset protection and estate planning By placing assets in a trust, they

To set up the blind trust, you'll need to gather documentation proving that you own the assets that you want put into the trust and select a

how to avoid tax on lottery win Alternatively, the winners can form an LLC and appoint a single manager to handle the logistics of receiving the winnings, reporting to the IRS

how to play online lottery If a trustee is named a beneficiary, a copy of the will or instrument creating the trust shall be filed with the director before payment is made to the trustee