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Richard Watts

Entries by Richard Watts

Inheritance: How Much is Too Much?

(13) Comments | Posted March 13, 2012 | 5:28 PM

It is hard to imagine how parents with a lifetime of experience coupled with heart-felt intentions, can, in one decision, do so much downstream damage to their family. "How much should I leave my children?" or "When I die, I want my children to have what I didn't have." This...

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We Don't Spoil Our Children Anymore -- We Entitle Them

(22) Comments | Posted October 28, 2011 | 7:47 PM

How much is too much to give your children? Consider this: For everything you give your child, you are taking something away. This applies to buying your teenager a new car, giving them the down payment on a home, or leaving them $100,000 when you die. The typical parent, at...

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