A successful family meeting is one in which everyone openly participates and agrees to work collectively toward achieving the family’s shared objectives.
Families should meet routinely. Doing so is essential to achieving the family’s mission today and to educating the younger generations in how to fulfill it tomorrow.
Read our chapter on Family meetings
Download individual chapter
Explore the visual story
Families with significant wealth recognize the importance of managing their investments, charitable giving and trusts. Helping younger members understand the need for effective wealth management is key. Family meetings can help achieve that.
Family investing 101: Educating the next generation
As younger generations mature and start to beneficially vest in the family’s dynasty trust, it becomes increasingly important that they understand the family’s investment philosophy.
A family meeting can be the ideal forum for this type of education.
World view: Cross-border considerations for international families
As families grow, their geographic reach tends to expand as well, spanning not only state lines but also country borders.
Building cross-border considerations into the family’s mission statement will help family members abroad participate more fully in the mission, as well as ensure that the plan has a global scope.