To begin wrapping up our blog series, today we will acknowledge the difficulties inheritors face with gaining respect. Wealth creators have a strong work ethic. They have repeatedly heard how it takes 10,000 hours to master a marketable skill. They respect that, and they have shown up from dawn to dusk in order to achieve […]
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The Realities of an Inheritance: Guilt
Loss and isolation aren’t the only burdens borne by inheritors. Today we will briefly touch on guilt. It can be hard for an inheritor to stomach the guilt that accompanies never having to worry about having food on their plate or a roof over their head. How do heirs feel as they walk to the […]
Read MoreThe Realities of an Inheritance: Isolation
After discussing loss yesterday, today we will cover another heavy anxiety some inheritors come to face: isolation. Disconnected financial resources (in other words, there is no connection between the source of money and an action by the inheritor) often results in a disconnection of community. More and more studies show the importance of positive relationships […]
Read MoreThe Realities of an Inheritance: Fear of Loss
Yesterday we covered the topic who and how to trust. Today we will dive into many inheritors’ biggest fear: loss. Wealth creators know how to be poor. They know they can survive. They’ve done it before and look at them now! As a result, wealth creators tend to objectively assess risk and act logically. Their […]
Read MoreThe Realities of an Inheritance: Whom to Trust
Yesterday we covered the topic of hostile envy. Today we will navigate learning how to trust as a new inheritor. Wealth creators and those who run successful businesses often get asked for loans, donations, sponsorships, etc. They, however, have honed their discernment skills through experience. As wealth creators, they have learned who they can and […]
Read MoreThe Realities of an Inheritance: Hostile Envy
Yesterday we covered the personally felt mourning stage of becoming an inheritor. Today we will explore the topic of hostile envy, or how becoming an inheritor might affect your interpersonal relationships. Every minority individual has stories of how they’ve encountered hostility in their day-to-day life. Such an interaction is often called prejudice. Every gifted individual, […]
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