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This article was published 27/5/2014 (795 days ago), so information in it may no longer be current.
A two-day philanthropy conference hopes to help people handle what is arguably the biggest of First World problems -- a huge or sudden influx of wealth.
Believe it or not, winning the lottery or having a wealthy relative leave their fortune to you isn't a one-way ticket to paradise.
Jim Grubman, a Massachusetts-based family-wealth consultant, said people who aren't born into money but come into it later in life often have a lot of trouble handling their new financial reality.
That could result in them blowing through a small fortune in a short time or forgetting where they came from or both.
"General society is not that aware of the kinds of challenges and stresses people have when they have a lot of money," said Grubman. "You don't get a lot of sympathy for these unique stresses."
He'll be one of the featured speakers at Kaizen 2014 -- Advancing Philanthropy Across Generations, which is expected to attract about 200 delegates at the Canad Inns Polo Park today and Thursday.