Ep. 2797 The Family vs. the State: Think 100 Years Ahead
Summary
Mikkel Thorpe discusses building a true family legacy by shifting wealth from simple trusts to comprehensive family offices that include governance documents and mission statements. He argues that the state has eroded the family unit, advocating for homeschooling, domestic help, and intentional parenting to prepare the next generation for wealth stewardship. Thorpe shares examples of billionaires involving their children in business operations to foster responsibility, warning against leaving assets to charity or financial planners who lack personal connection. The episode also highlights t…
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