My Kids Refused Their Inheritance. Here's How We're Giving It All Away.
The author (second from right) with his wife and two children. My father’s estate was settled during the COVID-19 pandemic, not long before police killed George Floyd. My dad wasn’t among the economic elite but for many racial justice protestors, that might be splitting hairs. Along with some money, there was a rambling house in East Hampton with a heated pool in which my kids learned to swim. My wife and I thought to put most of the inheritance aside for our children’s (and fingers crossed, grandchildren’s) education and down payments on future homes, the kinds of things my father ...