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Message: <blockquote data-quote="Simeon_Strangelight" data-source="post: 1167928" data-attributes="member: 6783">The more well-off families put the family wealth into a trust anyway. Occasionally a son can become the joint administrator of the inheritance, but he does not have access to everything on his own. This has been done for quite some time already for old money families. The heirs can either join the family business or build something else from scratch - massive changes of investment holdings as in sale of the previous business and purchase of another - those have to be discussed by many parties. Bill Gates has said that he will put 95% into a foundation similar to the Rockefellers (while still controlling the foundation of course). Of course Asians are also correct that most women have far less interest in business and are not willing to work countless hours in order to continue building it.</blockquote>