Trusts and Modern Wealth Management by Richard C Nolan, Kelvin FK Low and Tang Hang Wu (eds), Cambridge University Press, 2018, £123.67, 600 pp, ISBN 978-1-107-17049-0 Hardback. ‘Let me tell you about the very rich. They are different from you and me.’ The opening line of Fitzgerald’s short story, Rich Boy, is often quoted alongside Hemingway’s famous follow-up: ‘Yes, they have more money’. Today we have a similarly conflicted view of wealth: when someone refers to ‘the Rich’, they are generally taken to mean the financiers, businessmen, entrepreneurs, and capitalists, who are collectively responsible for, and the beneficiaries of, social inequality. These are the ‘Bad Rich’. But there are also ‘the Good Rich’ – the celebrities, entertainers, pop stars, fashion models, and sportsmen – who have accumulated their fortunes in ways that are considered glamourous, and therefore acceptable … (more)
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Gilead Cooper QC, ‘Trusts and Modern Wealth Management’, Trusts and Trustees, https://doi.org/10.1093/tandt/tty186. Published: 2 January 2019.
First posted 2019-01-06 06:37:59
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