Episode 264: Our Family Doesn't Have Drama
Discover why "our family doesn't have drama" is the worst reason to avoid governance. In this episode of Family Office Daily, M.C. Laubscher addresses the most common objection to family governance: "Our family doesn't have drama, we don't need formal governance." The reality: you don't have drama yet. Families saying they don't have drama usually haven't been tested yet. No drama means you haven't had succession event, major financial crisis, family member catastrophic decision, divorce, death, or inheritance dispute. But you will. When that test comes, two outcomes: either you have…
The skinny
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