Quote:
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Originally Posted by Winetalk.com
"Brace yourselves," says Thomas Kostigen in Market Watch "There are going to be millions more Paris Hiltons in the world." The number of millionaires in the U.S. is soaring -- the fastest-growing group is the "super-rich" worth more than $5 million. As the baby-boom generation ages, Americans will pass down trillions of dollars to their heirs, creating a boom in trust-fund babies. "Add to that the prospect of zero estate tax in four years, and Tiffany's may run out of silver spoons."
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We seem to be on the same page again...
My wife and I realised that without anything from us , my children stand to inherit more from relatives than a surfmaster will earn in his lifetime.
Its actually quite concerning.