What Should You Do With a Large Sum of Money?
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 2 May 2022
⏱️ 25 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, |
| 0:07.0 | investing, taxing. |
| 0:09.0 | You've got financial questions, he's got financial answers. |
| 0:12.6 | It's Brian Preston, the money guy. |
| 0:15.3 | Alright, Brian, this is the next question. |
| 0:17.0 | This is from a financial princess, a friend of the show. |
| 0:20.4 | I've been using turbo tax for years, and my spouse and I are now at a point where you're |
| 0:24.3 | ready to hire a tax professional as our financial situation is becoming more complex. |
| 0:29.2 | Where do you recommend to find a good CPA and what questions should I ask? |
| 0:33.8 | The where's the harder one? |
| 0:35.5 | What questions are as interesting? |
| 0:37.1 | I would love to hear you speak a little bit though, Brian, to maybe some appropriate expectations |
| 0:44.1 | to have when going from being a do-it-yourselfer to hiring a tax professional. |
| 0:48.7 | Because I don't know how much turbo tax costs these days, right? |
| 0:51.7 | 40 bucks for you. |
| 0:52.7 | It's pretty inexpensive. |
| 0:53.7 | I think it might be free if you're in some aspects. |
| 0:56.7 | And so I'm amazed when people, they talk about going to the pair, they're just not prepared |
| 1:01.9 | for the change that is there. |
| 1:04.6 | You want to talk a little about that transition and you can take this anywhere you want. |
| 1:07.6 | When it makes sense, what question to ask, whatever kind of strikes you. |
| 1:11.2 | But I'm just so amazed by a lot of times there's this sort of shock when you go from a |
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