Telling Heirs How Much They Will Inherit Can Be Tricky
The daughters of this family discovered via a national magazine that their father was one of the wealthiest men in their country. While the parents were able to convince their children that although fortunate, they were not nearly as “rich” as the magazine implied. It also made them realize how unprepared they were to have the inheritance conversation with their children. Were they ready to hear it? Were they ready it receive it? What could they count on?