Why do some people care so much about making sure their last name stays successful after they die. I understand that they want the best for their kids but anything beyond their kids and perhaps grand kids why does it matter anymore? I would long gone and I would feel hesitant to trust multiple generations to preserve wealth or the family name.
There are many sayings and articles that 3 generations is average for family wealth to dissapear. All it takes is one bad apple who has a spending problem or perhaps a gambling problem.
Is there anyone else like me who feels confused as to why people care so much about their last name being succesful later on? I personally feel once we die, we die... so enjoy life while we can and just leave enough for kids to live semi to real comfortable and that is THAT.
People who start companies and care for it to survive or for their last name to leave legacy value, I see MANY people care about this but I do not at all.
Am I in the minority here? Or perhaps am I missing where the value is for preserving wealth or the last name for generations way beyond mine?
Responses and discussion much much appreciated!!!
Submitted September 27, 2018 at 03:13AM by Cali2NYC05 https://ift.tt/2zyNy3g
