How Some Kiwi Families Keep Their Wealth for Generations
Building a comfortable money life for yourself is one thing - building wealth that outlives you is a completely different game.
The problem is that when people get this wrong, it is not just the money that disappears; families often fall apart trying to figure it out. From mismatched expectations to the old saying that wealth is lost in three generations, passing down money without a clear plan can create entitlement rather than long-term security.
Andrew Clements, private wealth and succession lawyer at Grayson Clements, joins Frances Cook on Making Cents to pull back the curtain on how to…
The skinny
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