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 Why are people so persistent about generational wealth? Does it really matter?

You can't take wealth with to the other side. However, you can take earned glory.

So if you pass on wealth to your children, are you robbing them of the opportunity to earn glory by building their own weslth. However small that wealth may be, it would be wealth THEY earned, which probably means more to them than any wealth you may have passed on.  
 Wealth is not earned. It is gained from positioning. Not positioning your children correctly is a sin. 
 My point is..

Position your children so they can earn their own glory and help others earn theirs.

You can't take wealth with you into the afterlife, but earned glory is always yours wherever you go.

I think this is why Satan sought glory unto himself in the premortal existence, and not wealth. (according to the Mormon religion). Glory is more value than wealth.

Also...  If you look at Narxism, a lot of these Marxist fake oppressors vs fake opporessed categories are attempting to take glory from people who earned it and give it to people who didn't earn it.  

Fit vs. Fat, Wealthy vs. Poor, Gay vs Straight, Married w/Children vs Single, Educated vs. Uneducated...  Etc.  Blah blah blah