Do I need a good lawyer if I just won the lotto?

Answer by  patti (29325)

You do not need an attorney unless you want to set up multiple trusts and a foundation. Otherwise, change your phone number and get a new address ASAP. Hire a professional (not a relative) to help manage the money and advise you on investments. Hire an administrative secretary to read and respond to the thousands of request for donations.

Answer by  mammakat (11147)

I wouldn't suggest a lawyer, I would suggest a good accountant, investment and tax advisor if your lotto is sizable. This is a life-changing event, you need to insure your future to make sure you come out of the first year with your longterm well-being insured. Congrats, but know that people will appear out of nowhere with their hands out.

Answer by  flamiss22 (5081)

This is a must as is an accountant. You need them to help you pay as few taxes as possible and invest wisely.

Answer by  Lakshmi65 (715)

Yes a lawyer is required to advice us on the income tax problems which will occur by the amount which we have received. Since this amount has to be accounted.