A family protocol, also known as a constitution or charter, is a central document agreed upon by all generations of a family which sets out the values and rules by which the family will live.
UK Head of JTC Private Office, Nic Arnold, talks about the challenges families face when creating a family protocol and what sometimes causes it to fail. Watch the video below:
At JTC we help clients put in place the tools that support good family governance to ensure a family’s wealth will be managed against its own set of values and policies. If you would like to speak to one of our specialists, please click here.