Welcome to Your Family Office
Welcome! This document will help you understand how your family office works and how we support your family's lifestyle together. Think of this as your orientation guide — we've kept it simple and straightforward.
Everything here has been designed to help your family thrive, work together, and enjoy the benefits of collective success. Let's walk through how it all works.
A family office is simply a team and system that helps your family manage money, lifestyle, and working together. Think of it as your family's support team — handling bills, coordinating activities, and helping everyone work toward shared goals.
Your family office takes care of the details so your family can focus on what matters: building the business, spending quality time together, and growing wealth across generations.
Here's what makes this approach powerful:
Think of it this way: individually, buying houses and cars and paying for insurance can be expensive and stressful. Together, your family can afford better quality, share costs, and everyone benefits.
Participation is optional, but those who choose to be part of the family enterprise enjoy significant benefits. Here's how it works:
Family members who work in the family enterprise and follow the family constitution become active members. This means:
What's expected? Work in the family business, attend required family meetings and events, follow the family constitution, and contribute to collective success.
Your family generates income from businesses and investments. This money belongs to the family as a whole because it's created through collective effort, shared knowledge, and family resources.
Here's the key idea: You're not just working for yourself — you're working with family. The income you help generate is amplified by the family's systems, assets, and collective wisdom. That's why it's pooled and then allocated fairly.
Every year, the family council decides how to allocate income into three buckets:
As an active family member, here's what the family office handles for you:
What's provided: You can choose to live in a family-owned property. The family maintains a list of approved homes where family members can live.
Why this matters: Rent or mortgage payments are expensive. By living in family housing, you avoid this major expense and can focus your dividend on other priorities.
Your choice: If you prefer to live elsewhere, you can — but you'll pay for it yourself using your dividend. The family encourages staying close to other working family members.
What's covered: Property taxes, insurance, utilities (electric, water, gas, internet).
What's provided: Each family property gets a grocery budget based on how many people live there. This covers all your regular food needs.
Your choice: Want organic steaks or special treats? You can add your own money to buy extras. Once per week, you can use grocery funds to eat out.
What's provided: The family owns vehicles that are allocated to individuals or couples. The family office handles insurance, fuel, and maintenance.
The deal: You get a vehicle for your use, but it's available for other family members when needed for family business. If the family can't provide enough vehicles for everyone, members share or use personal funds.
What's provided: Active family members are covered under family health and life insurance plans. Premiums are paid from family lifestyle funds.
What's provided: You can join family-approved cell phone plans and AI services (like Claude or ChatGPT). The family covers the cost.
Your choice: Want a different provider or premium plan? You'll get a stipend toward the cost and pay the difference yourself.
What's provided: You get a health stipend to cover a gym membership. Join an approved gym and the family pays. Choose a different gym? You'll get a stipend and pay the difference.
The family office will organize required family meals, travel, and entertainment events. These are paid for by family lifestyle funds. Attendance is mandatory because they serve dual purposes: family bonding and business discussions.
The family council will purchase memberships and tickets to clubs, museums, fine arts, and other cultural activities. These serve both family enjoyment and important networking opportunities. The family is expected to participate and take advantage of these experiences.
Your dividend is YOUR money. Here's what you use it for:
Important: Any gains or losses from how you use your dividend are yours alone. Invest wisely and keep the profits. Make poor choices and bear the losses. The family doesn't bail you out or take your gains.
The family council is where active family members come together to make important decisions. Think of it as your family's board meeting.
Frequency: The council reviews major decisions at least once per year, with additional meetings as needed.
As an active family member, you participate in council discussions and decisions. Your voice matters. The family office coordinates these meetings and implements what the council decides.
The family office is your support team. Here's what they handle so you don't have to:
Cost: The family office receives compensation for these services, which comes from family reserves. This is separate from your dividend.
You might be wondering: why pool income and then allocate it? Why not just let everyone keep what they earn individually?
Here's the truth:
The bottom line: You're not giving up your earnings — you're multiplying them through family collaboration.
Now that you understand how everything works, here's what comes next:
This system is designed to help your family thrive together. You have the security of covered basic needs, the freedom of personal dividend income, and the power of collective family resources.
As you get comfortable with how things work, you'll discover that working together makes everyone stronger, wealthier, and happier than working alone.
Questions? The family office is here to help. Don't hesitate to ask for clarification on anything that's unclear.
Here's to your family's success — together!