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Question

What is a family constitution, and do we need one?

Answer

A family constitution is a written document that captures your family’s values, decision-making processes, and expectations for wealth and responsibility.

Not every family needs one, but many find it helps turn shared understanding into something concrete they can revisit as circumstances change. Read more in our family constitution FAQ.

Related FAQs

How does a Roth conversion compare to keeping money in a traditional IRA?

What’s the difference between a direct gift and a 529 plan gift?

Should I start gifting to my family if I have surplus retirement wealth?
FAQs
Last Updated Nov. 2, 2026
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