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Reply to "Ultra high net worth and how much to leave to kids"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Troll. If you’re really wealthy your family office should be managing this, not strangers on dcum. [/quote] Unless she just wants to brag. Besides we all know she’s leaving everything to the kids. [/quote] The jealousy on DCUM is so pathetic and uninformed. They said they are self made rich - family offices are usually from generational wealth and are set up to ensure that generational wealth lasts. Read OP’s post again. Why would she want to pay money for a family office when they have no desire to raise a bunch of Paris Hiltons?[/quote] Biglaw partners these days have this kind of money. Ask me how I know. Then ask me who I don’t ask for advice on how to spend it. [/quote] Quite the opposite. It used to be a much better gig.[/quote] DP here. You are so wrong. Biglaw profits per partner are through the roof for equity partners. I was making just under a million a year as a lower paid equity partner in a DC firm before retiring early close to a decade ago. Profits per equity partner at my old firm are now close to double what they were when I left. They’re raking it in, trust me. Not saying I have any regrets about leaving - I don’t - but equity partners at the major firms are making tons and tons of money. [/quote]
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