The classic situation is that of a lottery winner. Suddenly, they have an army of new friends, well-wishers, and advisors. They are now tempted by the world of seductive possibilities. Unfortunately, all too often such stories end up unhappily. This is beside that fact that you’ve just won the lottery because inheriting a large sum of money is quite common. Whether it is a divorce settlement, inheritance, sale of a business or some other means of acquiring large amounts of wealth, it can mean that you are at a crossroad. Now, you have to shift from wealth building mode to wealth management mode. You will face circumstances specific to your situation. However, there are some general guidelines that apply to all such transitions.