After a famous person dies, who makes money from their estate?
Relatives, or owners of the assets (like song / movie / book rights, property that can be toured - like Elvis' home)
make enough money to leave the rat race and pursue whatever you want in life. 

for those still chasing prestige, many go into general management (c-suite), politics (mitt romney), or philanthropy (schwarzman). a lot of old school pe deal makers end up opening their own shops to have greater control over their lifestyle. 

private equity is still a grind with long hours. at some point, you make “enough” to stop caring about prestige. statement of profit or loss Conspicuous consumption is the spending of money on and the acquiring of luxury goods and services to publicly display economic power—either the buyer's income or the buyer's accumulated wealth. Sociologically, to the conspicuous consumer, such a public display of discretionary economic power is a means either of attaining or of maintaining a given social status. Consumption is regarded to foster economic benefits, by some accounts.  
As proposed by Thorstein Veblen, conspicuous consumption (spending money to buy goods and services for their own sakes) explains the psychological mechanics of a consumer society, and the increase in the number and the types of the goods and services that people consider necessary to and for their lives in a developed economy. i had an interesting path. after law school i worked for the law firm of herbert kalmbach, nixon's personal atty ... then worked in the middle east ... i later was the deputy undersecretary of the dept of the interior ... went to work for the bass family ... struck out on my own with money from the bass family ... fast forward to today and i run a $25b portfolio. it took time but it's been an enjoyable ride. You should consult an attorney experienced with guardianships, if there is already a guardianship in place.


If not, then the money is yours and it is yours to do with as you like. Without knowing a lot more about your situation, there isn't much that an attorney can advise to help you protect your assets. hi,

lots of great explanations below, but i fear they might be difficult to truly conceptualize. 

let's start with a pie!

if there's a pie in front of us, that is the market. we'll call it 100 units of pie

we cut the pie in half - one piece (50 pie units) for you, and one piece (50 pie units) for me

scenario 1: we do nothing, we both have 50% market share.

scenario 2: i eat half my pie. my pie slice is now 25 units, yours is still 50 units. as a result, you have 67% of the market share and i have 33%. my "revenues" have fallen and my market share has fallen. your revenues haven't changed but you've gained market share

scenario 3: not only do i eat half my pie, but you also eat 20% of yours. still, i ate more, so even though your "revenues" are down, you've still gained market share.

scenario 4: we both get given more pie (yay). but, i get a whole other 50 units, and you only get 5 more. your "revenues" are up, but you've still lost market share!

i've created the below image for you to visualize this better (click on it to blow it up)...hope this helps! a sum of money becomes 3 times in 5 years at simple interest. in how many years will the same sum become 6 times at the same rate of simple interest? pennies. you serve the whims of the consulting team from the back office. you’re a glorified administrative assistant an annuity is a form of insurance that gives an individual the right to receive a certain amount of money over a particular period of time, usually for the rest of one's life. people usually go for an annuity to plan for their future, good question. they sometimes say one man's junk is another man's treasure! feel free to check out www.markitx.com - we're creating a transparent secondary it market for enterprises to buy, sell and trade their used hardware. if you have questions you can always pm me!