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I wasn’t really looking for a “solution” so much as understanding the history. Imagine a family with multiple children and an amount of money below what you wo
by OldHand2018 6y ago
I wasn’t really looking for a “solution” so much as understanding the history. Imagine a family with multiple children and an amount of money below what you would consider problematic ($50 million? $10 million? $1 million?).
The video seemed to imply that it is a “tradition” (maybe that is not the right word) in Europe, going back many hundreds of years or more, that one of the children is chosen to get the vast majority of the estate and is raised and trained so that he or she is ready to take it on when the time comes.
I did a little bit of web searching and came up empty. My focus is on the point of view of the children that do not inherit and what becomes of them.