How establishing a trust can protect your lottery winnings...

Almost everybody dreams of winning the lottery in a huge way. And if you’re lucky enough to win a few cool million dollars, it can change your life, but not always in a good way. If you are one of those few lucky people who win huge amounts of money, one of the first things you need to do to protect your winnings is to establish a trust. This is easily done with the expert advice of attorneys who handle Trusts in Sarasota FL. Many people who receive huge lottery winnings often find themselves the victim of investment scams or friends and relatives who would never otherwise associate with them all of a sudden want money. Close family members of lottery winners often think that they are entitled to share in the winnings. An experienced Trusts Sarasota FL attorney will tell you that one way to avoid all of this hassle is of course to not “advertise to the world” that you’ve won. The other more air tight way to protect your winnings is to retain the services of reliable attorney who deals in Trusts Sarasota FL laws. You can retain your anonymity by setting up a trust to receive your lottery winnings and let the trustee organization collect your money. This is an excellent way to keep your winnings a secret. Plus with a trust in place, your money is controlled by an outside and unattached source so that your spending is regulated. This is something that an experienced Trusts Sarasota FL attorney can advise you on what to do so that all state laws are followed correctly. It is very important that you thoroughly research your local state laws on trusts. This is why you need the expert advice of an attorney...