Posts tagged inheritance
The 4 Key Life Skills Your Children Need to Have Before They Inherit

Inherited wealth need not be “an albatross around the neck of the children” as Sting so succinctly put it when asked if he was leaving his wealth to his children.

His children will not see much of his millions, but not all wealthy parents feel the way he does. Many a great family fortune has been built by successive generations of the same family — and many lost as well. The difference is that successful families develop skills in the next generation for respecting, protecting and growing inherited wealth.

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