Mercer Advisors
Sharing Knowledge

Question

When should a family start governance planning?

Answer

You don’t have to wait for an inheritance, succession, or conflict to begin. Starting earlier gives families an opportunity to clarify values and expectations, build communication skills, and shape a family governance structure that can evolve as circumstances change, well before a major transition requires it.

Related FAQs

Where can I find my Social Security estimate?

How much will Social Security increase in 2027?

What happens to Social Security if the trust fund runs out?
FAQs
Last Updated Oct. 29, 2026
Previous Next

Further Learning

Listen
Tax Planning Podcast

Episode 530 – Year-End Financial Planning Checklist

John Walker and Jason O’Meara discuss key year-end planning steps: maxing retirement contributions, taking RMDs, managing inherited IRAs, and Roth conversions before Dec. 31.

Multi-generational family having dinner together
Financial Planning Article

What To Do With the Money You’re Not Going To Spend

When your retirement projections show you have more than enough, the question shifts from saving to spending. Explore strategies for surplus wealth.

Couple moving
Tax Planning Article

Planning a California Residency Change Before Your Liquidity Event

Changing California residency before a liquidity event requires careful planning. Learn the two-year timeline, safe harbor rules, and strategies to help reduce your tax exposure.

Woman at desk in front of computer
Women & Wealth Article

Financial Planning for Women Business Owners: Beyond the Business

Women business owners may face distinct financial planning challenges. Learn how to coordinate investments, tax, estate, and insurance strategies that go beyond the business.

Back to Sharing Knowledge

About Mercer Advisors

We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.

Explore Our Solutions

Financial Planning
Estate Planning
Tax Planning & Preparation
Insurance Solutions
Investment Management
Trustee Services

Want to learn more about Mercer Advisors?

Let’s Talk