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Would that really be a gift? How does that work?

I'd bet generational wealth ain't what it's cracked up to be. Hows the saying go? "The first generation makes it, the second generation spends it, and the third generation blows it." Seen that quite a bit in my life experiences.

The only cases where generational wealth really comes into play are with truly wealthy families, and even then the house can come crumbling down. Wealth that can survive through several generations is quite rare.