[originaltext]W: Hi, Bill! I just heard about your aunt Kathy’s death. I am sor

W: Hi, Bill! I just heard about your aunt Kathy’s death. I am sorry.
M: Thanks, Nancy. We will really miss her.
W: I know. She was so nice to you.
M: Yes, she was so nice to the whole family. You know, she even left Barbara and me a large sum of money.
W: Oh, really? What do you plan to do with the money?
M: I have no idea. I never thought of having such a big fortune.
W: You might want to talk to Jeff Hunter, my broker, about investing some of it. As a broker, he can help you. The brokerage firm he works for is one of the best in our country.
M: That’s a wonderful idea.
W: Have you ever had experience in investment?
M: Oh, yeah. Actually, I already have a small stock portfolio. Barbara and I own some shares in four large companies.
W: That’s great. And I am sure you will get some good advice from Mr. Hunter. And perhaps he can also give you some information on tax policy.
M: Thanks. But why do I need to know the tax policy?
W: You know that you will have to pay estate taxes on the inheritance?
M: I could hardly forget about it.
W: So Mr. Hunter would be able to advise you about your taxable income, and perhaps he can suggest some tax shelters for you.
M: It’s very kind of you. But I am still worrying that I do not have enough money to be a speculative investor.
W: Well, my broker can give you the latest information in all areas of the stock market, not just in investment for speculation.
M: That’s great then. I hope to talk to him because I am thinking of increasing my dividends from stocks.
W: Maybe he will suggest some currently active stocks for you to invest in. He also handles municipal bonds, the income from which is tax-exempt. Talk to him soon, here’s his phone number.
M: Thanks a lot!