In this episode, I share a couple of tragic, horrifying stories of two families who lost generations of wealth due to the estate tax and lack of planning ahead. The first story is about a family in Texas that owned a ranch for 5 generations, only to lose it. The second story focuses on a community activist in New Orleans, who rebuilt her apartment building for section 8 houses, only to lose it all when she passed away. Finally, I reveal how the "Ironclad" spendthrift trust could have saved these families all this anguish by protecting their assets 100% from the pernicious tax.