Family Governance and Surplus Wealth: Sustaining Family Fortunes

With the expected rise in the global total of ultra-wealthy individuals, and the trillions of dollars and family businesses predicted to change hands over the next two decades, the considerable challenges involved in managing and transitioning ‘surplus’ wealth are set to multiply rapidly, affecting a much larger number of families and family members.

Family governance, which refers to the structures and processes families use to organise themselves and guide their relationship with their wea...