Engendering a heightened sense of responsibility for one's future and forging a mutual understanding of that wealth within the family are essential prerequisites for the long-term orientation and preservation of the related assets. To this end, we apply the family governance method.
The objective here is to deal consciously with the responsibility that comes along with an entrepreneurial and family fortune. This entails planning and specifying the purpose, handling and conveyance of that wealth. By doing so, the framework for a value-oriented, sustainable approach to wealth can be established.
Family governance gives rise to competence in the handling of a family fortune, sharpens the awareness for and appreciation of entrepreneurial wealth, ensures family cohesion and self-determination, and reduces the risk of loss.