Family Councils

The Le Van Company helps wealthy families form effective family councils.

Q: What is the surest way to preserve and grow family wealth?

A: Develop the competence and potential of each individual family member, while maintaining healthy and constructive family connections across the generations.

Q: What's the surest way to minimize family strife and avoid family lawsuits?

A: Organize an open and safe forum for family deliberations.

An unorganized family is usually disorganized. There's no structure or forum to collect family viewpoints or to exercise family judgment.

A disorganized family rarely enjoys good communications. Substandard communications are both symptoms and causes of troubled family relationships.

Increasingly, wealthy families are forming family councils.

Family councils meet regularly to share information and to discuss matters important to the family. Some meet in conjunction with annual shareholders meetings or family reunions. Some advise managers of family enterprises and family fiduciaries. Some make decisions affecting the family and its wealth.

Members of wealthy families live busy lives all over the world. Even with modern communications it's difficult to maintain family ties. Family councils keep them connected and involved in family business and family concerns.

For more about forming your family council, contact us.

The Le Van Company helps wealthy families form effective family councils.

The following articles provide more information about Family Councils.

Money Issues DisputesOrganizing Wealthy Families Around Value and Vision

by Gerald LeVan

Money Issues DisputesFamily Wealth—Keeping It in the Family

by Jay Hughes