Families evolve over time. Successful families manage to pass both their wealth and values on to the next generation despite these changes. This is often thanks to strong family governance, something our owner, the Princely House of Liechtenstein, has applied for centuries.
Family governance consists of jointly developed family principles and guidelines, as well as a shared understanding of its values and objectives. Family governance is used to establish rules, for example, relating to family membership, the rights and duties of family members and how the family is organized. Inheritance and succession mechanisms are often defined as part of family governance. Larger families frequently also create dedicated platforms to transparently involve all parties in discussions and decisions and foster a regular dialog within the family. Family governance thus makes an important contribution to preserving a family, its business and its assets over generations.
With our family advisory offering, we help you address important questions about your family’s values and core beliefs as well as relevant governance tools with a view to securing your personal and professional legacy for generations to come.
Get in touch with us to learn how to establish effective family governance for your family and secure your legacy for generations to come.
H.S.H. Prince Hubertus von und zu Liechtenstein
«Our long-standing and successful family history demonstrates the importance of properly organizing a family and its wealth across generations and cultivating shared values.»