Bill Perkins, the hedge fund multimillionaire and best-selling author of Die with Zero: Getting All You Can from Your Money and Your Life, says people should give their kids their inheritance early—before they get so old that it won’t make a difference.
Perkins, who made his first million dollars before the age of 30, told Fortune Daily host Ellie Austin the common practice of parents passing down an inheritance after death can mean the money arrives too late to have its biggest impact.
