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You can leave your kids crores and still fail them, warns CA and explains why money alone doesn't secure family's future
Jul 15, 2026
Economic Times

You can leave your kids crores and still fail them, warns CA and explains why money alone doesn't secure family's future

Chartered Accountant Nitin Kaushik warned that leaving children crores without financial literacy often leads to wealth loss. He said, "leaving children a massive financial inheritance without teaching them risk management is a systemic failure." Many families lose assets by the third generation because they focus on cash instead of discipline.