Family meetings can provide a platform for healthy dialogue on topics that may never be discussed without such an opportunity. Whether it is setting the appropriate expectations for your final ...

It may sound like, “no interrupting, one topic at a time and always end with fun.” Make it your own. I recommend you start every family meeting with an icebreaker and end every meeting with a ...

Ensure they understand why the family meeting is needed and what you hope to get out of it. Incorporate their thoughts and ideas into the planning. Doing so will inevitably generate excitement and ...

Here is an example of some typical family meeting agenda topics: What happened last week What's happening this week and future/holiday plans Old stuff New stuff Money stuff (There's always money ...

Sharon Olson is president of Olson Wealth Group, a family office and independent wealth management firm focused on legacy planning. Over time, family offices have evolved from something more than ...

Advisors such as estate attorneys, trust officers, and CPAs should be a part of the family meeting as the agenda topics warrant. • Avoid striving for unanimity in decisions. Instead, strive for ...

Don’t let the formality of a ‘family meeting’ stop you from reaching your succession planning goals. Given the slim probability of success without good communication - and the high cost of ...

The family meeting provides a venue for multiple generations to discuss financial matters. Common topics include: Promoting financial literacy in inheritors The family investment philosophy Family ...

Family meetings are often touted as an effective way to resolve conflicts, work out some shared goals and bring the family together. They seem to wax and wane in popularity. But as Google Trends ...

Well planned, thoughtful and intentional family meetings can be an integral part of wealth succession planning. The family group or “council” can channel discussion about family history ...