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But so what? It's pretty normal for people to bequeath wealth to their wastrel descendants.
It's also normal for people to gain wealth through luck, but I want to stop that.
Except for the luck of being a genetic descendant of the right person, right? I mean, look at the scenario I laid out: Some brilliant guy does brilliant things and gets fabulously wealthy. His son has a fling with a stripper, resulting in a bastard child. Before dying in a motorcycle accident, the bastard child has a 6 month relationship with a girl he meets in community college who lies about being on birth control, resulting in a great-grandchild. A few years later an attorney shows up at some trailer park to tell a single mom that she is now a billionaire.
Ok, that's an exaggeration but you get my point.
I myself have a family member who is a total drug-addict screwup who had only one full time job at age 21, which she held down for about 3 weeks before getting in a fight with her supervisor and getting fired. It's been more than 30 years and she hasn't worked since, instead living off of family money. A trust is being up which will give her a mid-6 figure income (tax free) for the rest of her life.
Would you call that luck?
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