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Episode 5 - Don't Leave Your Kids Money. Leave Them This Instead. | Alan Barnhart
Alan Barnhart and his brother capped their own lifestyle in 1986, before their business made real money. In 2008 they signed 99% of the company, worth hundreds of millions, over to a ministry.
He says the decision was self-preservation rather than generosity, and that his family have been the beneficiaries of it, not the givers. He explains why he refuses to tell anyone how much to give, why he is a proponent of not leaving his children a fortune, and why giving while you are alive beats giving at death by 30 to 40 percent.
The skinny
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