Wealth transfer

Are You Willing to Trust the Next Generation?


“How about oatmeal for breakfast?” That was the question I asked my dad during a recent visit to his home. He was preoccupied and assumed I would make it like, well, just like it’s supposed to be made. “Sure,” he responded while passing through the kitchen. I busied myself with the simple task of cooking oatmeal. I don’t follow the instructions on the box. After many years ...[Read More]

Fred Smith: The Land of Opportunity

Fred Smith

Kyle Penney at the East Texas Communities Foundation has created an interesting and insightful study of the transfer of wealth that is going on in East Texas and will last for at least the next 50 years. While the total transfer in the United States is in the trillions of dollars, the numbers for East Texas are also remarkable. Kyle estimates that over the next 10 years, almost $21 billion will tr ...[Read More]

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