I was raised in a medical family, meaning I was exposed to doctors and hospitals from the get go. It was a nice, comfortable atmosphere where none of the three sons was ever concerned about money. My mother never worked and my father did quite well except for stock investments.But in all those years living at home, I wouldn’t think of asking my father how much money he had or what kind of estate he was considering leaving to us kids, or even my mother. It just wasn’t the topic of any dinnertime conversation and my mother certainly never raised it. Actually, she was smart enough to take a portion of her weekly allowance and put it aside in stocks and bonds, and did quite well. Talk about a self-made woman. Without any formal education, she was just street smart about making sure she had her own protection in the event my father’s latest foray in investments went awry. It did once when he was a principal investor in Tucker automobiles but that’s a story for another time.
The reason I bring this all up is that things have certainly changed from the time I rode up San Juan Hill with Teddy Roosevelt. It surfaced because of a recent article in The Wall Street Journal, aptly titled “Googling Dad’s Assets,” which tells the story of how offspring today can find out everything about their parents’ wealth by simply going online. For example, there is related one nine-year-old who went to Zillow.com to check on the value of the family’s multimillion-dollar house and compared it with his classmates’ houses.
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