CONTROL WITHOUT OWNERSHIP expresses a way of thinking, a…

CONTROL WITHOUT OWNERSHIP expresses a way of thinking, a philosophy. This concept, when practiced, powerfully assists a family to overcome the proverb "Shirtsleeves to shirtsleeves in three generations." Control without ownership means that each family member adopts the idea that "I am the owner of something if I control it, even if I am not the legal owner of that thing."

— from The Flight Plan (Purpose/Wisdom/Risk) · Family Wealth: Keeping It In the Family: How Family Members and Their Advisers Preserve Hu

Also belongs to

• True North (Ethics, Integrity, Truth, Values)
• Expanding Your Range (Growth/Change/Education/Learning/Habit)
• Family & Parenting (Family/Parenting)
• Friends, Community & Society (Relationships/Community/Society)

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