In this episode, explore what it means to manage wealth effectively across generations. Whether you’re creating a new estate plan or rethinking an existing structure, wealth management is about more than tax strategy—it’s about aligning your financial assets with your personal values, goals and relationships.
Our guests bring a unique blend of professional expertise and lived experience to the conversation. Jack Terrill is an estate attorney who has spent decades helping families navigate complex legal structures and succession planning. Kate Gardner, a next-gen inheritor and leader of Magnify, shares how she’s approached her own wealth journey with purpose, stewardship and a commitment to personal growth. Together, they offer a 360-degree view of managing wealth in a way that empowers families today—and strengthens their legacy for tomorrow.
In This Episode, You Will Learn:
- (07:50) Goal setting and aligning wealth with your values
- (12:32) Understanding estate planning essentials
- (18:17) Choosing the Right Trustees
- (22:35) Structuring Gifts for Responsibility
- (28:04) Family office structure options
Want to continue the conversation?
Remember to subscribe to Secrets of Enterprising Families to stay connected as we dive deeper into the strategies that empower families to manage wealth across generations. Don’t miss our next episode, where we’ll turn our attention to wealth planning for executives—including how to evaluate new or expanding roles, navigate transitions, and manage the ongoing financial decisions that come with executive leadership.
What is Secrets of Enterprising Families?
Why are some families successful at building and sustaining their wealth, generation after generation?
Welcome to Secrets of Enterprising Families, a podcast from The Northern Trust Institute devoted to unlocking the specific strategies that multi-generational families use to transfer their values, wealth and legacy from one generation to the next.
In each episode, hosts Nikè Anani and Eric Czepyha will interview a nationally recognized expert on a different wealth planning topic, from marriage to the arrival of children to specific advice for business owners and corporate executives.
Northern Trust is a leading global financial institution that has helped families navigate the complexities of wealth for more than 130 years.
Nikè Anani is the Director of Next Gen Advisory at Northern Trust, specializing in preparing future generations for wealth ownership. Eric Czepyha is the Director of Business Services at Northern Trust and works with multi-generational business owning families on business transitions and succession planning.
Brought to you by the same team behind The Road to Why podcast, Secrets of Enterprising Families will empower you with strategies to tackle financial challenges in a way that engages each member of your family. Subscribe today.