Work with a financial advisor who works with more money than you have. There are financial advisors, estate-planning attorneys and trust officers who have worked with $100,000,000 or more. The scorekeeper for your local bowling league is not one of them.
At first, I thought that the problem was people getting too much money too quickly. I assumed that controlling the flow of money, such as giving them monthly payments for a lifetime, would keep them in line. It's a little more complicated than that.
Amanda Clayton was not your typical millionaire. In her short life, she won a million dollar lottery in Michigan, was convicted of collecting state welfare money after she got the million dollars and embroiled in a plethora of drama and legal battles. Now she is dead.