What Does “Too Much” Mean?
How much is too much when it comes to an inheritance? According to a Merrill Lynch survey of very high net worth individuals, $63 million out of $100 million is perceived as too much to give one child…that amount of pocket change might hinder development of the recipient’s full potential. But $26 million is too little. The survey also affirms that blood is thicker than water; just 4 percent of the super-wealthy put philanthropy first.