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Op-Eds: Handling Cash For Children? Managing Wealth? Try Waiting

Don McNay is the founder of the Kentucky Guardianship Administrators, and has been involved in the primary structured settlement market for years.  He frequently authors commentary pieces.  One recent article, “Life Lessons About Creating Wealth”, appeared in the Richmond Register (here) and includes this point: “People who had easy access to cash were the ones most likely to fall off the ‘get rich slowly’ bandwagon.”  He has a few things to say about structured settlement factoring, too.  And in another recent commentary (available here), McNay has a title that sums up its theme: “If You Can Wait Until Your Child Is Age 27 to Let Them Have Money, Do It”.