How can a family define itself and sustain its essence for more than three generations?
Family Governance is a multi-generational management technique designed to ensure that
your family's history, values and wealth extends well beyond the typical two generations.
Family Governance is a dynamic "social contract" among family members who acknowledge
specific shared family goals and values by which each voluntarily agrees to abide.
Family wealth has three growth centers:
-
Human Capital - all family members, including parents, children, grandchildren,
great grandchildren, nieces, nephews, in-laws - the whole extended family.
-
Intellectual Capital - the quality and integrity of the education and experience
of the Human Capital.
-
Financial Capital - the monetary strength of the family assets.
The creation of a historical family biography is a core component of this process as well
as periodic meetings with family members of various generations to establish a system of
family governance which then guides individual behavior.
Trinity Wealth Advisors assists in the design, implementation and annual facilitation of
Family Governance systems.
