It’s easier to get into financial trouble when pursuing a graduate degree because there is no fixed limit on how much graduate students can borrow for tuition, fees and living expenses.
Many of the planning challenges the ultrarich Roys face are wealth agnostic and relevant to all families.
Financial advisors are dealing with an unfamiliar landscape when it comes to clients and inflation.
Parents don’t want to disinherit their kids, but they don’t want to disincentivize them either.
Is this another case of financial elder abuse?