There will be a Family Conference.
It will either be with some lawyer who may have little or no idea about you or your family or you can conduct the Family Conference with our guidance and share deeply about your family’s history and values. Which conference is more likely to communicate your hopes and dreams for your heirs (children, grandchildren and beyond), clarify the basis for your wealth transfer decisions, encourage wise stewardship, and mentor them so the bonds of love you have sought to nurture will thrive for generations to come?
Family conferences are the means by which a family develops trust among the generations so that each member is heard and valued. Knowing the history of the family and how the wealth holders struggled to overcome hardship and challenges can make the up and coming generations proud of their legacy and find it worthwhile to build on that legacy. When a family discovers the shared purpose of the family wealth is much bigger than faster cars, bigger homes, and more exotic vacations, there is buy in and a desire to perpetuate this family history and the wealth that enables the family to come together to support causes and organizations that have a lasting impact in their community and around the world.