Ruling Your Wealth: How to Approach and Understand Key Issues Surrounding Inherited Wealth episode artwork

EPISODE · Mar 14, 2024 · 31 MIN

Ruling Your Wealth: How to Approach and Understand Key Issues Surrounding Inherited Wealth

from Purposeful Planning Podcast · host Purposeful Planning Institute

Chip Fisher advises on understanding and valuing the origins of family wealth and the associated challenges. He emphasizes building genuine relationships within and outside one's economic peer group, including friends and partners. Fisher stresses the importance of selecting a life partner who comprehends the responsibility of wealth and values you beyond financial status. Additionally, he suggests understanding and relating to parents and siblings, managing tensions, and fostering personal independence and self-worth. Fisher highlights the significance of hobbies, interests, clubs, and third places for personal development and gaining perspective. Overall, his guidance aims at becoming a well-rounded individual with depth and breadth in life experiences. BIOGRAPHY   Chip Fisher is an independent life consultant to UHNW NextGen’s, helping them navigate key topics which are the foundations of understanding inherited wealth. The discussion of these topics is key to creating a framework to manage one’s perspective on this daunting subject.

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Ruling Your Wealth: How to Approach and Understand Key Issues Surrounding Inherited Wealth

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