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In conclusion, there is no substitute for good planning. The best time to start the conversation is when parents are alive and well. No matter where your family is in this cycle, there are proactive steps you can take to create strong healthy family relationships.
THE ADVANTAGE FAMILY BUSINESS CENTER PARADIGM
Advantage Family Business Center (AFBC)
Cornerstones for peaceful and fair family estate settlement:
1) Belief in the positive value of the family for individual and group
2) Desire to grow personally and as a family system
3) A mutually held vision of “how we want to be as a peaceful family”
4) Willingness to have Courageous Conversations
5) Assumption of positive intent of other
The work of AFBC is built on these beliefs:
- We believe in the inherent wholeness and life of the family system.
- The system is greater than the sum of the parts.
- All voices in the system must be heard.
- The path to peace includes conflict addressed: not ignored.
- Peace is not an end point. It is a way of being, a disposition, an attitude. It promotes action that reinforces itself by way of inclusion, and growing emotional health and love.
1. Identify the Parties Involved
2. Begin The Conversation
3. Build Trust
4. Competency of Trustee & Advisors
5. Element Five: Design Your Alliance for Family Meetings
6. Build A Team
7. Meet Regularly
8. Plan Fun into the Process
Conclusion
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