(A) Preservation of long-term family wealth is a question of human behavior.

(B) Wealth preservation is a dynamic process of group activity, or governance, that must be successfully re-energized in each successive generation to overcome the threat of entropy.

(C) The assets of a family are its individual members.

(D) The wealth of a family consists of the human and intellectual capital of its members. A family’s financial capital is a tool to support the growth of the family’s human and intellectual capital.

(E) To successfully preserve its wealth, a family must form a social compact among its members reflecting its shared values, and each successive generation must reaffirm and readopt that social compact.

(F) To successfully preserve its wealth, a family must agree to create a system of representative governance through which it actively practices its values. Each successive generation must reaffirm its participation tin that system of governance.

(G) The mission of family governance must be the enhancement of the pursuit of happiness of each individual member. This will enhance the family as a whole and further the long-term preservation of the family’s wealth: its human, intellectual, and financial capital.