Feeling the weight of a family legacy? With great wealth comes great responsibility — and unique challenges.
In a recent conversation with Crain Currency, Katherine M. Sheehan, Managing Director and Wealth Strategist at Crestwood Advisors, sheds light on the emotional struggles faced by next-gen family members. She emphasizes the importance of seeking support from peers who understand these challenges.
“Look at other similarly situated next-gen people who are living the same struggles and ask them: ‘How are you dealing with this? Can I bounce ideas off you?’ It’s important to get another set of eyes and ears,” she said.
Click here to check out her insightful discussion on how to handle the pressures and expectations of inheriting wealth.
