“Shirtsleeves to shirtsleeves in three generations”—proverbs abound warning that no matter how much money you accumulate, your kids and grandkids may lose it all. So how can families help protect their wealth for generations to come?
According to Quorum Managing Partner Kelly Milligan—who says they rarely see clients whose kids act irresponsibly with their inherited wealth—it comes down to a combination of financial literacy and open conversations about money and values.
Learn more about how values and family meetings can help via the insights page at QuorumPW.com.
