Estate planners have a variety of techniques and tools that can be employed to protect beneficiaries from themselves. Learn more about how to prevent heirs from squandering their inheritances... 18 Sep

How Estate Plans Prevent Heirs From Squandering Inheritances

Huntington Hartford II, heir to the A&P grocery fortune, experienced a significant financial decline due to a series of failed ventures and lavish spending habits, ultimately leading to bankruptcy.  08 Aug

Heir to A&P Grocery Fortune Forced to File for Bankruptcy

The Vanderbilt family's spectacular rise and devastating fall represents America's most dramatic example of how even the greatest fortunes can vanish within generations... 19 Jul

The Vanderbilts Who Lost Everything (Documentary)

How my mother lost a multi-million dollar inheritance and got stuck with a $50k funeral bill: 21 ex-millionaires share how they either lost or squandered their fortunes— anonymous BuzzFeed submissions... 29 Jun

How My Mother Lost a Multi-Million Dollar Inheritance

70% of wealthy families lose their wealth by the second generation and 90% lose it by the third. This video breaks down why this happens and how long you can actually expect generational wealth to last, if you don't take serious action. 07 May

Why 90% of Family Fortunes Vanish by the Third Generation

This documentary explores the extraordinary lives of six women whose inherited billions brought not just luxury, but burdens that money could never alleviate... 18 Apr

Heiresses: The Women of Wealth (Documentary)

The infamous “shirtsleeves curse” is one that has occupied the mind of many a wealthy patriarch on a sleepless night. Affecting 90% of the wealthy, even America’s richest family couldn’t escape its clutches. 25 Mar

The Infamous “Shirtsleeves Curse”: a Case Study

Sudden wealth is often seen as a dream come true. But the reality is far more complex— What losing $14 Million taught estate planning attorney, Paul Deloughery, about sudden wealth and inheritance... 14 Mar

$14 Million Lesson: The Hidden Dangers of Sudden Wealth

Generational wealth erosion is a common phenomenon where inherited wealth diminishes over time, often within a few generations. Several factors contribute to the dissipation of inherited wealth... 08 Jan

Generational Erosion of Inherited Wealth: Why Does it Happen?

Estate planning for an irresponsible child is a lot of work. Fortunately, estate planners may exert influence over how heirs spend their inheritances. Keep reading to find out the best ways to protect an irresponsible child’s financial future... 19 Nov

Strategies: Estate Planning for Irresponsible Children

Sudden Wealth Syndrome is a psychological condition that affects individuals who come into large amounts of money unexpectedly. Whether through an inheritance, lottery win, or investing, the sudden influx of wealth can be overwhelming... 14 Nov

Understanding Sudden Wealth Syndrome: Risks & Safeguards

Preserving your legacy and passing on generational wealth is a cornerstone of financial and estate planning. But it doesn’t always pan out. There is much to learn from ultra-rich families who lose everything after passing on their wealth... 26 Oct

Lost Legacies: Wealth Squandered By the Heirs of the Ultra-Rich