How to Talk to Your Adult Children About Wealth: A Guide for Parents Who Feel Stuck
I’ve been working with wealthy families for over 30 years, and there’s one conversation that causes more anxiety than any other: telling your adult children about the wealth they’ll inherit.
Just this week, I spoke with a father—let’s call him Robert—who’s in his late sixties with four children in their late twenties and early thirties. He has roughly $300 million in family assets. His kids are thriving in their careers, building their own lives, finding their own way. And they know almost nothing about what’s coming.