Wealth Transfer: Insights from CNBC on Estate Planning Challenges

Todd Kesterson, CPA | Featured in CNBC | April 2, 2026

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CNBC recently published an article featuring Todd Kesterson, discussing the consequences wealthy parents face when trying to reclaim fortunes given to their children.

“The only regret I’ve seen is where they’ve given away a lot of money in trust, and those trusts have done incredibly well for their kids, and now suddenly their kids’ net worth is more than theirs,” said Kesterson, principal of the firm’s family office practice.

This issue is highly relevant for business leaders as it highlights the importance of strategic estate planning. With significant wealth transfers underway, it’s crucial to consider potential legal and financial implications. Understanding how to manage these dynamics can prevent future financial strain and ensure long-term family wealth preservation.

Read the full article in CNBC.

Want to explore how estate planning could affect your business? Connect with our Family Office Services team to learn more.

Todd Kesterson, CPA, Family Office Services Principal at Kaufman Rossin, one of the Top 50 CPA and advisory firms in the U.S.