Last week the New York Times ran a story (read it here) about the ups and downs of managing a family trust and delved into the nuts and bolts of giving away millions of dollars to worthy causes.
It, also, discussed the “realities” that abound when family members are involved in the “family business.”
We asked our Joey Reynolds to weigh in on this and here’s what he had to say…
By Joey Reynolds, SouthFloridaReporter.com, Sept 13, 2015 – When you think of a trust fund, you think tens of thousands, if not millions, of dollars. So I called my kids to tell them about the trust I set up. Now they’re not talking to me!