The rich get richer because the rich get help. And they have for centuries. Although we may not be ultra-wealthy, there are things that we can do to create a system for creating family harmony, preserving family history, and nurturing family values and wealth through the purposeful structure and stewardship of the founding family members.
This month I have a guest blog post from Jason Howell, CFP®, author of Joy of Financial Planning: 7 Strategies for Transforming Your Finances and Reclaiming Your American Dream. Below Jason shares the 7 distinct steps towards building a system of Family Governance for just a family and/or a family business. We also talk about family governance in Episode 005 of my podcast, so be sure to tune in.