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Money and Finances
Reply to "Ultra high net worth and how much to leave to kids"
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[quote=Anonymous][quote=Anonymous]I would leave $10M to each, the [b]rest to charity.[/b] Vesting schedule so they get it at 35. I’d be honest with them about the money and your expectations for it while you’re alive. Raise them to be good humans and live your values. We expect you to contribute to society, we value education, hard work, honesty, respect for all, charity, and humility. If at any point in our lives you aren’t living those values, then we will reevaluate whether you’re able to be good stewards of our money. [/quote] So nonprofit execs can pad their pockets? No thanks. [/quote]
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