The aim of this study was to investigate the relationship between traumatic symptoms with social support from family and friends, the quality of family functioning, and life satisfaction, and to examine their contribution to life satisfaction, within the sample of children of Croatian veterans from the city of Gospić. An online survey was conducted on a sample of 82 participants (49 female and 33 male), with an average age of 30,5 (SD = 6,82). The following instruments were used: Traumatic Symptoms Checklist, Social Support Scale, The Self Report Family Inventory and Satisfaction With Life Scale. The results showed that there were a statistically significant low and negative correlation of traumatic symptoms with the age and income of the participants. Also, traumatic symptoms were moderately negatively correlated with social support from family and friends, and relatively highly negatively correlated with life satisfaction and the quality of family functioning. Social support from friends, quality of family functioning, and traumatic symptoms proved to be significant predictors of life satisfaction, whereby higher levels of social support from friends and family functioning contributed to higher levels of life satisfaction, while greater presence of traumatic symptoms contributed to lower levels of life satisfaction. No significant contribution of family social support to life satisfaction was found.