Family Office – Family Assembly
Since not all members of a large multigenerational family can work together as members of a family council, because of the size constraint just discussed, larger families sometimes create an annual family assembly. The assembly operates in conjunction with the family council. Family assemblies are another vehicle for education, communication, and the renewal of family bonds among a larger number of family members. Family assemblies create participation opportunities for all family members at least once a year. The smaller group that makes up the family council can work on behalf of the assembly during its three or four meetings per year and then report on its progress, inform the family on a variety of timely subjects and consult the larger family about their views and preferences on an annual basis.
For further information please contact us directly.