I need advice on inheritance left to me-stocks, bonds, etc?
Written by on December 22nd, 2009
blueoctobersky1965 asked:
I have never owned stocks, bonds,etc.I’m 43,married with grown kids,no savings,low to moderate income,rent,no debt. We live one payday at a time, cash only. I’ve inherited a substantial portfolio. Edward Jones is handling these now & have been for some yrs.They are transferring the stocks to my name very soon and asking me to sign several documents. The wording is foreign to me & I do not know what to do. Do I leave it with them, letting it ride? Should I employ a lawyer or financial counselor? I am going from rags to riches & I don’t want to go bag again.Is there any sound advice for someone in my shoes.
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- I have never owned stocks, bonds,etc.I’m 43,married with grown kids,no savings,low to moderate income,rent,no debt. We live one payday at a time, cash only. I’ve inherited a substantial portfolio. Edward Jones is handling these now & have been for some yrs.They are transferring the stocks to my name very soon and asking me to sign several documents. The wording is foreign to me & I do not know what to do. Do I leave it with them, letting it ride? Should I employ a lawyer or financial counselor? I am going from rags to riches & I don’t want to go bag again.Is there any sound advice for someone in my shoes. blueoctobersky1965 asked: Share and Enjoy: ...
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