Your family values

Values are essential for giving meaning to life. We decide what is important, and once we have made up our mind, we set priorities which we follow throughout our lives. This philosophy determines how we want to live and what we treasure most in life.

Family Culture

You have grown up in a culture that may have had a considerable influence on you. Your convictions and your principles have been shaped by your experience and your education. You have developed into the person you are now and have taken on certain responsibilities. All members of your family have their own value-based priorities and talents. It is essential to respect and further strengthen each family member’s talent and to develop commonalities. Such shared values form the bedrock of your family, which may carry on for generations.

Financial Wealth

You may be a first-generation entrepreneur, or the member of a subsequent generation. You may still be an entrepreneur and/or have become a professional investor. Your wealth may be diversified or may still be concentrated in one operating business. It is your goal to manage your liquid wealth with the same skills you bring to managing an enterprise. You may have preferences and restrictions based on your cultural currency; you may think about the purpose of your wealth and how it should be passed on to coming generations.

Time

Once you have determined your family values and have a clear mission, you are committed to a shared vision. This helps your trusted advisor provide efficient and effective support. Once you delegate and hand over this responsibility, you will have more time to focus on your preferred areas of interest and the fields in which you excel.