Family Governance

 

While most people dedicate time and resources preparing their money for their heirs, we believe in spending equal time and resources on preparing heirs for the money.
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Multi-Generational Planning

As any family knows, not everyone finds value in the same thing; not everyone works in the family business; not everyone has the same talents – but they all expect to be treated “fairly” in whatever plans are made for their future. This is particularly true when large sums and complex entities are involved. Finding a solution that treats each member fairly while respecting their individual nature is the focus of multi-generational governance.

Multi-Generational Planning

As any family knows, not everyone finds value in the same thing; not everyone works in the family business; not everyone has the same talents – but they all expect to be treated “fairly” in whatever plans are made for their future. This is particularly true when large sums and complex entities are involved. Finding a solution that treats each member fairly while respecting their individual nature is the focus of multi-generational governance.

In most families of great wealth, the younger generation is well provided for, well educated and groomed with an eye toward participating in family financial decisions once they reach an appropriate age. But in many cases, young members may be overwhelmed by the prospect of their upcoming duties, or engage in foolish or destructive behaviors. To counteract this destructive force, Greenway provides educational sessions to young adults and beneficiaries to take the mystery and fear out of responsible wealth management. Sessions are based upon the age and requirements of each family beneficiary group, and are designed to take the confusion out of things to come, as well as educate and empower them with tools to handle the road ahead.

Family Member/
Beneficiary Education

Family Member/
Beneficiary Education

In most families of great wealth, the younger generation is well provided for, well educated and groomed with an eye toward participating in family financial decisions once they reach an appropriate age. But in many cases, young members may be overwhelmed by the prospect of their upcoming duties, or engage in foolish or destructive behaviors. To counteract this destructive force, Greenway provides educational sessions to young adults and beneficiaries to take the mystery and fear out of responsible wealth management. Sessions are based upon the age and requirements of each family beneficiary group, and are designed to take the confusion out of things to come, as well as educate and empower them with tools to handle the road ahead.

Family Member/
Beneficiary Guidance

At any time, the Greenway team is available and willing to advise and consult with any family member, or beneficiary, on any subject that they wish to discuss. From cash flow planning to setting up accounts that are accessible overseas for a study abroad semester, beneficiaries can turn to our team to help them with whatever issue is at hand.

Family Member/
Beneficiary Guidance

At any time, the Greenway team is available and willing to advise and consult with any family member, or beneficiary, on any subject that they wish to discuss. From cash flow planning to setting up accounts that are accessible overseas for a study abroad semester, beneficiaries can turn to our team to help them with whatever issue is at hand.

Fundamentally, our goal is to create the basis for family harmony, purpose, and joy. While focused daily on the financial aspects impacting the family, we are equally committed to seeing that the family itself stays intact and that its members are able to enjoy each other and the blessings that money can’t buy.

Strategies for
Family Harmony

Strategies for
Family Harmony

Fundamentally, our goal is to create the basis for family harmony, purpose, and joy. While focused daily on the financial aspects impacting the family, we are equally committed to seeing that the family itself stays intact and that its members are able to enjoy each other and the blessings that money can’t buy.