- Deposit the check (or have the money transferred) to your chekcing or savings account.
- Walk into the biggest law office in town and say you need to see a lawyer specializing in financial matters. Tell that lawyer you’re gonna pay them a fixed annual fee to help you, not a percentage. If they balk at that find another lawyer. If they don’t, do what they say.
Neither of these things. Did you read the thread so far?
Bummer of a typo. Or maybe it was an extra exciting week, one of the highlights of your life? 
Unlike others, I will not assume a typo is involved. Please elaborate. 
I went with my wife, and it was pretty good…
I got it right the second time I used it.
And I really shouldn’t get my autocorrect software from pornhub, should I?
I agree with lawyer and financial advisor (I have one of them already, so I’d be set) but I would also get a CPA to advise me on tax implications. My financial advisor does not purport to having specialized knowledge of the tax code. It would be nice to calculate returns for diversified investments taking the taxes on earnings into account. That’s going to be pretty hefty after the first year.
The firm where my CFP works also has CPAs and EAs that do my taxes. They work closely together. You certainly need both. Even if they aren’t working in the same place, your CFP and CPA should be in cahoots.
I should add that you will want a lawyer to create a trust but that’s something that would be arranged by your CFP.
Not at all. Next time take your step mother.
Being in California, I already have a trust, though I’d definitely get the lawyer who did it to review it and revise it as needed.
If our CFP has a CPA in the office I never heard about it, and we asked.
I had a step mother, and I wouldn’t take her anywhere but she tried to take my father for whatever she could.
And that’s enough of that.
I had a trust before I had a CFP. Anyone who owns a home should have one.
Not all CFP firms have CPAs and I didn’t mean to imply that. Mine may be an exception. My main point is that they need to work with your tax person.
Why?
(plus more characters for Discourse)
If real property is in a trust it goes directly to your beneficiaries without going through probate which is a major pain in the ass.
Totally agree with that. I think this thread shows that if you win all that money you need a damn staff to help you keep it.
Also to help you build a cement pond after you load up your truck and move to Beverly.
But if all you want your real estate holding trust to do is avoid probate, a beneficiary deed will trivially do the same thing for $0 cost and nil complexity.
Now we are getting a bit out of my knowledge but I have a general trust that has more than my home in it as well as a recorded will. My understanding is that if you have means you should have the Big 4, will, trust, medical power of attorney and financial power of attorney. As is typical, I got them done as a package.
In California it can get tricky. Granted that link is from a law firm trying to push trusts, so grain of salt . But I’ve had others bring up the same thing. It works, but the Devil’s in the details of your particular needs.