From inheritances and divorce and insurance settlements to retirement payouts and the most recent phenomenon of stock options, the largest transfer of wealth in the history of America is now taking place. For some, this welcome event is relatively stress–free. But for those who are inexperienced in dealing with large sums of money, a windfall can be an overwhelming, even losing, situation. What is the difference between those who build on their financial gains and those who end up worse off than before? In this much–needed, one–of–a–kind book, top financial planner Susan Bradley gets to the heart of the matter by examining the emotional complexity of the windfall experience and how to manage it–and your newfound money–successfully. Whatever the sum involved, the impact of one’s emotional state on the way money is handled—or mishandled—cannot be underestimated. In addition to the legal intricacies of receiving sudden money, the element of surprise that catches people unprepared...

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