I'm a wealth advisor, financial therapist, and end-of-life doula. Here are 6 talking points I use to help clients navigate tricky conversations about inheritance and legacy.
Original story by: Business Insider
Last updated: Oct 16, 2025
Ad
- Context: This article, part of "The Great Transfer" series, features insights from Ashley Agnew, a senior wealth advisor and certified financial therapist. Agnew emphasizes that effective legacy planning extends beyond finances to include emotional well-being and a willingness to relinquish control. The piece offers guidance on navigating the complexities of wealth transfer and family relationships.
Ad
Ad
- Detailed Summary:
- Agnew, also an end-of-life doula, highlights that conversations about money and death are difficult, often leading to relief or anxiety for clients. She advocates for a person-centered approach to wealth transfer.
- Beyond Finances: Legacy involves passing down more than just money, including family wisdom and values. Projects like a life story or ethical will can help preserve this non-financial inheritance.
- Define Purpose: Establishing a clear purpose for one's money can serve as a guiding principle for estate planning and be communicated to family members.
- Early Conversations: It's crucial to start discussions about wealth transfer early to allow family members to make informed choices aligned with their values. Agnew suggests approaching these conversations casually and with care.
- Addressing Control: The desire to control money from beyond the grave often stems from fear or a need to remain relevant. Exploring these underlying emotions can lead to healthier family dynamics.
- Taking Action: Financial planning requires concrete steps. Creating an estate plan, even if it's a starting point, and setting timelines for executing next steps are important.
- Prioritize Relationships: Acknowledging inheritance as a sensitive topic and then shifting focus to nurturing genuine family connections is vital. Emphasizing relationships over monetary matters can foster relaxation and understanding.
Ad
Ad