A family council usually has a chair and a…

A family council usually has a chair and a vice-chair. It may also have subordinate committees, especially if it is charged with planning a regular family meeting. The family council may meet quarterly or monthly, depending on the extent of its duties. Family council members generally serve for at least three-year terms and are elected by the family assembly based on their life experience and their demonstrated commitment to the family, as shown through prior service

— from The Instruments (Awareness/Perception/Expectations) · Complete Family Wealth by James E Hughes Jr., Susan E. Massenzio, and Keith Whitaker

Also belongs to

Related