Raising Heirs: Teaching Wealthy Kids About Money
Wealthy families spend a fortune teaching heirs to budget. The research says the variable that actually matters is when you tell them what exists — and most families wait until the mid-twenties.
Wealthy families spend a fortune teaching heirs to budget. The research says the variable that actually matters is when you tell them what exists — and most families wait until the mid-twenties.
About 90% of family wealth is gone by the third generation. Inside the trusts, governance, and heir prep that separate the dynasties that last from those that don’t.