Hello all,
I’m 27 and disabled, set to obtain extra money than I’ve ever seen earlier than (early estimate is 360k) from an inheritance in round 6 months, and I am making an attempt to perform a little research as to how I set myself up efficiently with it whereas not with the ability to work/receiving no common revenue. I’ve not been capable of work since 2018. Receiving this lump sum will instantly disqualify me for SSI funds, Medicaid, and meals stamps, all of which I have been depending on or making an attempt to get entry to for years. This doesn’t seem to be a “arrange for all times” sum of money, so I need to know the way I each a) handle my day-to-day bills like healthcare, common payments and so on. and b) give myself as a lot long-term stability as I can. A whole lot of this recommendation within the FAQ sections appears to be tailor-made in the direction of individuals who have dependable revenue. How do I begin from scratch? Do i simply go away it alone and pay my fundamental bills with it till it runs out? do I make investments? purchase a house? return to highschool in hopes of with the ability to work with a level in my chosen discipline? I am paralyzed by indecision, inexperience, and the thought that none of this issues as a result of it is going to run out ultimately anyway, please assist.