|
|
|
How Long Will Your Legacy Last?
Unlike some quaint adages, the saying “Shirtsleeves to shirtsleeves in three generations” seems to have a basis in fact. In the book Beating the Midas Curse, authors Rodney Zeeb and Perry L Cochell report that 60% of affluent families lose their wealth in the second generation, and 90% will have lost it by the third.
|