The "investor allocator" then chooses the family member or…

The "investor allocator" then chooses the family member or members who will make the investment based on estate tax implications. Normally, this means the oldest family member buys the investments offering the lowest growth, and the youngest family member buys the investments offering the highest growth.

— from Expanding Your Range (Growth/Change/Education/Learning/Habit) · Complete Family Wealth by James E Hughes Jr., Susan E. Massenzio, and Keith Whitaker

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