Don't Give Your Fortune to Your Children
Laissez Faire By Phil DeMuth
PostedJuly 9, 2014
Wealth inequality in the U.S. is a hot button issue, with many in the middle class chiding the so-called “1%.” But if history is any guide, this 1% will just be another fraction of the 99% in a generation or two. Today, Phil DeMuth takes a closer look at “family wealth” in the U.S., and why it simply doesn’t last. Read on…