Daily Archives: March 11, 2009

Spoiled rich kids? Wealthy parents have little faith in their heirs

by Hans Eisenbeis WHAT’S HAPPENING The super affluent aren’t just worried about the economy; they’re worried about their kids’ incompetence with cash. In a survey of Americans with at least $1 million in liquid assets, just 20% said they believed their children would “keep their family’s wealth secure for future generations” (WSJ.com 2.10.09). Only a […]

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