Roshni Nadar Quotes

I want to see wealth cascading down the generations.

When vastly wealthy people say, 'I'm not leaving my kids any money,' it's typically not true.

Any man who has $10,000 left when he dies is a failure.

Trust funds can never be a substitute for a fund of trust.

Finally, I do not believe that we should punish American families who have worked diligently to provide for themselves and want to pass along their success to their children and grandchildren.

The right amount of money to leave children is enough money so that they would feel they could do anything, but not so much that they could do nothing

Sons represent security, insurance, a 401(k), a bank.

I want to have generational money.

I'm definitely going to be setting up a trust fund for my little nephew, because I really want him to have a little bit of an advantage when it comes time for him to make his way in the world.

I have three lovely children. They are beautiful, talented, and kind-hearted. I'm most proud of them. I love them so much that I will never want to burden them with a large amount of inherited wealth.

People die millionaires. All your life, you're gonna stress money?

Why should men leave great fortunes to their children? If this is done from affection, is it not misguided affection? Observation teaches that, generally speaking, it is not well for the children that they should be so burdened.

People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.

I think to the extent you die with money in the bank, you've miscalculated.

I hope that the Senate acts quickly to pass this legislation so that Americans will no longer worry about having to sell the family farm or business to pay taxes after the death of a loved one.

I wouldn't sacrifice my business for no acting career because my business is something, ultimately, that I know I'm going to pass down to my kids, and that's most important to me than anything else in the world. I can't pass an acting career down to my children.

If a man has money, it is usually a sign, too, that he knows how to take care of it; don't imagine his money is easy to get simply because he has plenty of it.

Unless you are completely retired, earning money is the best form of wealth preservation.

It's important my daughters learn from the hard work my wife and I put into this company. Who better to look out for your best interests than family?

If you have millions of dollars you are not going to get to continue doing what you want. You are into a world of commitment to that money and all the people that helped you get that money.

My firm has 25,000 high-net-worth clients. A typical account would be that of a couple aged 65 and 60 who need their money to last the rest of their lives, 25 to 35 years.

Estate planning is an important and everlasting gift you can give your family. And setting up a smooth inheritance isn't as hard as you might think.

We all know far too many stories where the third generation just destroys everything that the first two have built up, and I certainly hope my family are different because I've worked too hard and my father has worked too hard for it to be given away.

It's not easy to part with the trophies. However, I do need to have some long-term financial security for those close to me.

Once your kids are grown and you know that you're completely healthy, consider canceling your life insurance policy.