Effective family governance is based on formalised and shared rules: family charters, governance bodies, arbitration mechanisms and clear decision-making processes. It helps prevent tensions, secure intergenerational transmission and reconcile emotional considerations with economic rationality, while preserving family unity and the long-term performance of assets.
Family Governance
Family governance in Monaco: preserving balance and a shared vision
Family governance makes it possible to organise relationships between family members around shared assets or a family business, in order to secure decision-making, transmission and long-term continuity across generations.
- Clarifying the roles, responsibilities and powers of each family member.
- Structuring decision-making rules and conflict-resolution mechanisms.
- Anticipating the transfer of family assets and the family business.
- Aligning the family’s long-term vision with economic objectives and individual interests.
Why family governance is a cornerstone of long-term patrimonial continuity
Family governance in Monaco: principles and reference framework
February 1, 2026
Family governance refers to an internal organizational framework that enables families to structure their interactions, clarify roles, and maintain collective consistency over time. In Monaco, it operates within a stable international environment, based on relational principles that are distinct from legal or patrimonial acts.
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