Why Lottery Winners Need A Lottery Lawyer
When you play the lottery, you probably don’t think about all the different problems you may encounter if you were to win the jackpot. Problems that would probably need a lawyer to resolve.
Nobody likes to think about the problems that may eventually arise in the future. Problems like disputes with neighbors, disputes with children or life partners, or even divorces and other life changing events. We avoid thinking about these things, but the fact is that these types of problems have a tendency to rise to the surface in special circumstances. And suddenly receiving a large amount of money is one of them. Just imagine the situation. You’re living your life in relative peace and quiet, possibly with small, completely common problems with your spouse or family, but nothing you can’t handle. Then you win five hundred million dollars in a lottery, and suddenly you’re getting sued all over the place from children, friends, and family, and possibly even from the one person you thought would be on your side – your spouse.
A Great Help
These things happen. And this is the reason you’re better off thinking about them before they happen. Which will make you much better prepared. You never know your family and loved until you get your hands on a large amount of money. Avoiding to realize this simple fact could get you into even more trouble. Human nature is what it is, and people you thought would be on your side could suddenly go crazy over a large lottery prize. This is where a good lottery lawyer could come in handy. He or she will help you write out all necessary paperwork, and perhaps even suggest to you how you could divide the money among your closest family members. Nobody has a formal right to your money, with the exception of your spouse. But if you have more than one adult child you may want to resolve the issue of inheritance before it is absolutely necessary, and perhaps even start to pay out certain sums of money. A good lottery lawyer will help you with all this. And you should also be psychologically prepared for the fact that you may be facing an unpleasant divorce.
This is something nobody wants to consider, but among lottery winners, it is more common than you’d think. The best thing here is to use a separate lottery lawyer, not a family lawyer that already knows your spouse. Go for someone is a professional lottery attorney, that way you will have expertise close to you. Expertise that could save you hundreds of millions of dollars. Who knows, maybe you’re the one who would like a divorce after winning that first prize. A lottery divorce is much more common than you think, and if you set up a meeting with a specialized lottery lawyer right at the outside, you could have an enormous advantage.
A lottery lawyer is not only good for helping you with keeping your money in case of a split up because he or she will also help you and your spouse invest the money should you continue together. Winning a large amount of money sounds like a dream, but if history is any teacher you clearly see that it could give you more problems than ever before. How many lottery winners have lost their fortunes after only a few, short years? Many. And to avoid being one of them, you should take your responsibility seriously, and not spend any money until you’ve formulated a plan for how you will invest it. It may sound difficult to spend a few hundred million dollars, but believe me, this can be done in months. Buy a nice house, a few great apartments spread out over the world, cars, clothes, and…gifts for your family…and you would’ve burnt a good part of the whole sum right there. Don’t forget all the distant family members who will suddenly pester you. The thing is, if you don’t have a clearly formulated, intelligent strategy right from day one, winning the lottery could be the worst thing that ever happened to you.
Keep in mind that you need to find a professional, well-established lawyer, as many lottery attorneys would most likely try to pull a fast one on you, as well. Only go for lottery lawyers who have credentials. Lottery attorneys who come recommended. Do your research when you win that first prize, it could save you a lot of money later. Of course, you should never start thinking overly negatively about these issues. The important thing is simply being prepared. Play the lottery, and play to win, but keep a little voice in the back of your head that reminds you of the importance of getting a lottery lawyer to help you avoid any problem that may arise.
And keep informed about lottery rules, so read through the lottery terms and conditions here.