Trust, Trusts, & Trustees: Introducing Future Inheritors to Wealth

Money is that thorny, taboo topic we were taught never to discuss at the dinner table or amongst friends. Wealthy parents in particular worry that broaching the subject with their children will dampen their ambitions. It can feel safer to avoid the conversation altogether. Ultimately, however, when families create a sense of safety around discussing money, they can transmit important values that guide the rising generation toward healthy development.