Originally Posted by
rickair7777
I'm very, very big on property rights.
I'm just not sure that needs to extend for decades, or centuries, after your death. Give future generations the opportunity to succeed on their own terms, and take justified pride in it. Most trust fund kids don't do too much for society.
Then it seems like US society is working.
You don't hear of the Rockefeller, Carengie or Mellon kids starting amazing businesses and growing future wealth. Sure they have lived fabulous trust fund lives, but future growth slows as the dependents grow, but the businesses get liquidated to pay for it all.
I don't think we'll hear of the Gates, Bezos, Musk kids making nearly the mark on the business world as they're fathers did. They and a few generations will live out fabulous trust fund lives. Seems like the best you can do if you are born into that level of wealth is hope your offspring don't turn to drugs for stimulation.