110 sats \ 2 replies \ @freetx 7 Apr \ parent \ on: Sunday Survey: What percent of your current BTC stash will you leave your kids? bitcoin
Purely anecdotal in this case. It was just that, for whatever reason, those kids wound up disproportionately driven the leftist causes.
There was one that stands out to me (because I know it turned into a big lawsuit within the family). The father had made 500-600M in medical device development. His adult daughter became a big Bernie supporter and brought her new BF to dinner and they all had a big argument. This led to the daughter then saying she was refusing anymore contact with her father, no more visits, dinners, etc.
The father was obviously pissed off by this and contacted the lawfirm to see what he could do to alter / reverse the trust. His point was, its fine to not like my politics and lecture me about the evils of money....but then you can't simultaneously live off the money I made. In the end, wasn't much he could do, so it led to them not talking, and both parties only communicating via the lawfirm.
I don't know anyone like this but it rings true. Makes me think that it's the same exact problem on the micro and macro levels -- in macro, it's often called the resource curse.
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It has already been said, but I’ll say it again. We as parents should be looking to erase generational trauma. Im thinking that could include the trauma of not having any direction due to inheritance. I don’t like calling that trauma, yet I’m struggling to find the words to describe it.
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