They will figure it out
I’ve sat across many families who thought love would be enough to hold things together. Unfortunately, greed of money often trumps family kinship.
In my experience, the biggest risks in preserving your wealth aren’t market volatility or tax rates. They’re silence, assumptions, and a lack of structure. Simple will, No trust, No conversation. Just a ticking time bomb disguised as “we’re close-knit.”
Trust, will, holding structure, and governance framework exist not just to transfer wealth, but to preserve your intention, family values, and stability across generations.
Don’t delay your planning. The best time to plan was yesterday. The next best time is before a crisis. Quiet conversations today protect tomorrow legacy.