A Trust Would Give Me Big Bucks if I Had Children. I’m Concerned.
The Ethicist column in the New York Times recently posted a letter from a son about his parents' trust. I wholeheartedly agree with the Ethicist's response. If the letter writer was my client, I would have us go deeper to learn his money story and how his parents' plan triggers his emotions and feelings about money that he isn't aware of. Given that many are taught to not talk about money, it is understandable that we are unaware of our emotional side of money (also called the human side of money).
A Trust Would Give Me Big Bucks if I Had Children. I’m Concerned.
The magazine’s Ethicist columnist on a wealthy family’s philanthropic planning.
By Kwame Anthony Appiah, Aug. 9, 2024