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Rich parents are regretting the fortunes they gave away

THE STREET·1d ago·3 min read
Photograph via The Street
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Imagine transferring millions of dollars in real estate, stocks, and business interests to your children through irrevocable trusts, only to realize months later that the tax deadline you feared was never going to arrive after all. That is the predicament facing a growing number of affluent …

Imagine transferring millions of dollars in real estate, stocks, and business interests to your children through irrevocable trusts, only to realize months later that the tax deadline you feared was never going to arrive after all. That is the predicament facing a growing number of affluent …

Imagine transferring millions of dollars in real estate, stocks, and business interests to your children through irrevocable trusts, only to realize months later that the tax deadline you feared was never going to arrive after all. That is the predicament facing a growing number of affluent …

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