The plan was simple: Divide the family fortune in three, one part for each lucky heir.
Then talk turned to politics – and the kids blew it. Miffed by their children’s views, the wealthy parents opted for a single trust, with a trustee to mind the money.
You think your dinner conversations are uncomfortable? Stories like that one, recounted recently by a wealth manager in the battleground state of Wisconsin, are playing out more and more inside some of America’s richest families.
The nation’s painful divisions – over the 2020 election, the pandemic, race and more – have opened rifts ...