Trust Funds, Large Wealth, And Entitled Children

A couple days ago, I posted an article about how someone inheriting meaningful wealth should not feel guilty about receiving it because it reflected the will of the folks that created the wealth. Furthermore, money is itself a neutral thing–a tool if you will. Money can be used to accomplish great societal things and make personal dreams come true, but it can also be wielded tyrannically to exercise power over others and serve selfish desires at the expense of society. All it does is amplify the virtue and vices of those who possess it.

In that spirit, I wanted to discuss a topic that is very important to those who have accumulated much more in life than they could ever spend. And that is the question of what to do with the money when they die. Although there’s a limitless number of things that you can do with your wealth, … Read the rest of this article!