LurkerNan Posted September 17, 2010 If they are smart, the first thing they do is write a check to the IRS for $250K. Share this post Link to post Share on other sites
Jazzycatblues Posted September 17, 2010 That amount, while a lot, is not major money these days, especially after taxes. He could take it to his bank and consult with their investment counselor. They will advise him on the best way to handle it, including getting the taxes paid first. They don't even charge if you already have an account. If it were more than a million then perhaps an investment firm would be the better choice. Share this post Link to post Share on other sites
