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Family Constitution

Sets the standards, values and mission of the family.

A family constitution is a document that sets forth the family’s values and principles, defines the objectives and goals of the family, and determines how the family will make key decisions (such as voting rights & committee appointments).  One important mission of our families should be to convert the annual family reunion into a family annual meeting.  This meeting should have a planned agenda to discuss all aspects of the family including member’s well-being, individual and group financial goals and accomplishments, plans to update insurance coverage, update trust documents, discuss education and other family plans for the upcoming year.  Structure Hint: A republic (rather than a democracy) is the best form of governance where members elect a representative for certain tasks.

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© 2024 BLAQK Trust Family Office Group

 Financial Disclaimer: All statements made by blaqk trust Family Office Group are for informational, educational and entertainment purposes only and is not intended to be personal financial advice, there's an inherent risk involved with financial decisions and blaqk trust Family Office Group will not be held liable for decisions others make.

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