How Inheriting Wealth Can Be Traumatic

“Inheriting wealth can and should be empowering. The gift of wealth is a valuable resource that may be used to live a fulfilling, integrated and productive life. However, the experiences of growing up with and inheriting wealth are frequently traumatic. Therapists often see inherited-wealth clients who exhibit the damage caused by trauma, such as disorientation, personality fragmentation, depression, anxiety disorder and post-traumatic stress disorder. These traumatic patterns can intensify with each succeeding generation that passes on family wealth.”

Dennis Pearne Ed.D., Wealth Counseling: A Guide for Therapists and Inheritors Inheritance Project/Trio Press, 1999.