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Rethinking Wealth Planning in an Age of Fewer Heirs and Greater Means

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For most of modern American history, wealth planning has followed a familiar formula: protect, preserve, and pass it along. Estate planners focused on minimizing taxes and ensuring that accumulated assets—family homes, investments, and businesses—transferred seamlessly to children and grandchildren. The unspoken goal was simple: leave more than you started with, and make life easier for those who follow. That formula made sense when families were large, life expectancies shorter, and financial independence rarer. But today, that world has changed—dramatically. A Demographic and Financial Crossroad America’s population growth has slowed to near zero. According to U.S. Census Bureau data, fertility rates have dropped below replacement levels for more than a decade, and total births per woman have fallen from around 2.1 in the early 1990s to roughly 1.6 today. Fewer children means fewer natural heirs. At the same time, the largest generation in history—the baby boomers—is entering it...
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Government Waste appears in all forms: Shutdowns Reward the ‘Non-Essential’ and Punish the Essential

When Washington “shuts down,” the script is depressingly familiar. Agencies scramble, headlines blare, and millions of Americans wonder what exactly stops—and what doesn’t. What almost never gets said out loud is the obvious: everyone knows back pay will be restored when it’s over. Since 2019, retroactive pay has been guaranteed by law. Which means a shutdown functions less like a serious budget tool and more like a perverse paid-leave program for some, while others carry the whole load with no pay until the logjam breaks. The federal government divides workers into two buckets during a lapse in funding. The public hears “essential” and “non-essential,” but the official terms are “excepted” (must work) and “non-excepted” (furloughed). Here’s the kicker: both groups eventually get paid for the same period , but only one group is required to show up under threat of discipline—the people deemed most critical to safety and continuity. In practice, that means TSA officers, Border Patrol...
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