Although no statistics are available, many financial advisors and attorneys claim that people who aren't accustomed to having a large sum of money tend not to keep it long. But it doesn't have to end that way. If you know yourself, form a solid wealth management plan and make smart lifestyle decisions, you can improve the odds of enjoying money and making it last beyond your lifetime. A death, divorce, disability or some other tragic event may trigger the distribution. Personal feelings of guilt, sorrow, regret or unworthiness are normal and unavoidable.
Happier events can create anxiety too.
If you have endured months of negotiations and strategizing in the sale of a business, you understand this. Your emotions may surprise you - and so might other people's reactions to your windfall. Friends, colleagues or business acquaintances may not look beyond the wealth to understand the emotional hurdles confronting you. Don't be surprised if they offer advice or approach you with business propositions or charitable requests. To avoid uncomfortable situations, ask a confidante to serve as a temporary gatekeeper.