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Looking for Ways to Keep Money From Dividing a Family – NYTimes.com
No, the thrust of the question is not the same, and articles like this about how difficult it is to pass on millions in wealth to one’s children always make me catch my breath.
“One Tiger 21 member in the closed-door session asked how to explain to his children that the family flies on a private plane for vacations while their friends fly commercial. This may seem like a high-class problem, but substitute “new Toyota” for private plane and “old Toyota” for commercial and the thrust of the question is the same: Why can we afford something my friends cannot?”
