The Family Dynamics That Make Estate Planning Hard
11th May 2019
Hard, that is, if you’re High Net Worth (HNW) or Ultra-High-Net-Worth (UHNW) people; evidently, unless you’re Grossly Rich you don’t have any problems.
“What we’ve learned at Whittier Trust working with UHNW families over multiple generations is that raising kids is hard, but doing it in the context of significant wealth is actually much harder,” said Pegine Grayson, a senior vice president for philanthropic services at Whittier Trust in South Pasadena, California.
It’s not that difficult if you don’t mind them turning out as over-entitled shits and Proglodyte Youth. Just throw them in the existing Crustian culture and stand back.