Leaving it behind
By Michael Tan
Last updated 11:48am (Mla time) 06/30/2006
Published on Page A15 of the June 30, 2006 issue of the Philippine Daily Inquirer
"YOU can't take it with you." No matter how wealthy we are, we will all leave the world as we entered it: penniless.
So we try to console ourselves that at least we can leave the fruits of our labor to our children. But last Wednesday, I wrote about a trend toward "mega-philanthropy" where very rich American businessmen are leaving the bulk of their wealth to charity rather than to their children, and they're doing this even before they die.