3 ms·
if the "after death" silliness is your main concern here, that seems easy to satisfy with the abstraction of a will or trust that is set up before death. perso
by leetcrew 5y ago
if the "after death" silliness is your main concern here, that seems easy to satisfy with the abstraction of a will or trust that is set up before death.
personally I find it pretty reasonable that I get to decide who gets the lion's share of assets I have worked for my whole life. at the same time, it seems bad when enormous amounts of wealth are passed down over generations (and having known a couple people in this situation, it seems bad for them too). the question is, where do we strike the balance?
- lovich 5y agoYou might find it reasonable, but it’s not meritocratic at all to will it away to someone else. You also are effecting society in a negative fashion after you are dead and gone and no longer have to deal with the consequences. Setting up a trust where the money removed before you’re at end of life seems far more acceptable because you are willingly giving up the power associated with the money, but deciding to maintain sole control over that power until you’re done with it and then passing it on to your chosen winner afterwards is antithetical to capitalism working correctly.