Family governance
The structures and agreements by which a family makes decisions about shared wealth.
Family governance defines how a family decides together: the principles, the roles, and the way disagreements are resolved. It turns goodwill into a durable framework that outlasts any one generation.
Governance is the least discussed and most decisive factor in whether wealth lasts; most fortunes are lost not to markets but to a breakdown in communication and trust. Light structures, a charter, a council, a shared policy, are what turn good intentions into something that survives the next generation.