Worried your children will be unmotivated after receiving an inheritance? Santa Clara Trust Lawyers encourage parents to consider this estate planning tool.
Self-made billionaire Warren Buffet once famously said, “You should leave your children enough so they can do anything, but not enough so they can do nothing.” Commodore Vanderbilt’s grandson, an heir to some $60 million in 1885, also once declared that “inherited wealth is as certain death to ambition as cocaine is to morality.” It’s […]