Each family has made the best possible financial preparations for the future, setting up trusts that will make all family members very wealthy for at least two generations. But in each case the financial preparations were not matched by any systematic attempts to prepare the next generation for the presence of so much wealth. The parents want their children’s lives to be enriched by their inheritances, but they also want their children to make their own livings and not become dependent on or impaired by the family wealth.

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