<prompt> Human: Hi PF. I never thought I would be here but I30F was notified by my husband 35M that his side businesshobby has been backed by an investor which will do two things. 1 Give him a salary of 60-75kyear and allow him to quit his current job. 2 allow him come into a sum of money of 333,333. The sum is one million being split between the three owners. The rest of the investors money is being put into the business as capital. Here are some of our stats before the questions. We both have degrees. Weve been together 10 years.We currently make 75k a year and are drowning in debt. -650month including insurance and taxes for our house-60k in my student loans he has none-2k in collections for our daughters birth last year-950 month in car payments includes insurance, one is a lease-15k in credit card debt multiple cardsOur first plan of action is to not touch a penny and speak to an investor. We need to make money to set ourselves up for the future. I currently have 15k in retirement. My husband is not a spender but would prefer to wipe away the debt, but it would not benefit us at all. What should we look for in seeking out an investment banker or personal finance consultant?What should we expect to pay in taxes? Neither of us plans to stop working, as we obviously need weekly checks to pay off debts. How do we pay off our debts quicker while still maintaining our house? Do we rely on our salary or only use some of the return investment after a year to pay down more? We dont plan on moving or making a big purchase as we dont have any needs at the moment. No more kids planned, either. Thanks, PF!  <response>: If you are coming into a large sum of money, for gods sake pay off some of that debt. Investing is not going to do you any good if you are drowning. At the very least, pay off the debt in collections and the high interest stuff like credit cards. You will need to pay taxes, but I cant tell you how much. You may want to consult a fee-only financial advisor, not just an investment advisor. A financial advisor will help with dealing with the windfall, the taxes, getting you on a budget so learn not to rack up credit card debt, and investing. You want fee only because advisors who are paid by commission may steer you to products which are not in your best interest. 