Rich Kids Broke Kids

The greatest transfer of wealth in history is underway. An estimated $41 Trillion in assets will pass between generations in the US over the next 40 years. If you're among the hard-working and fortunate parents who intend to make life easier for your children and grandchildren by giving them money, you need to know that most transfers of affluent estates fail. Parents may intend a financial legacy to be a mantle of enduring financial security, but more heirs than not let the money slip through their fingers like so much sand.