Popular TV shows like Schitt’s Creek and Arrested Development feature children who cannot function without the financial support of their affluent families. Caricatures of these spoiled children are played for laughs. I find that many clients with investable wealth of anywhere between $1 – $5 million confide how difficult it is to raise well-rounded and ambitious children. They say that their children expect or demand things that would have been unthinkable to children a generation ago.
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