Addiction is a family disease, which is fueled by secrecy and shame. Addiction can be enabled to persist by resources, opportunities, and influence availed by wealth or a family business’s prominence.
Treatment programs, counseling, and support groups are powerhouses in the battle for recovery. Nevertheless, these leave gaps in the unique and complex challenges faced by families of wealth and families in business.
What if the person with the substance use disorder is “the one with all the power?”
He’s just addicted to sex. Is that really any of our business? Can it really impact the family business or our estate planning?
How might the family business prepare for “Johnnie’s” return from rehab?
What is reasonable to expect from a family business member who is in early recovery?
What might we do to address the impact of addiction on employee morale and retention?
How might Family Business Participation Guidelines be structured to enhance motivation for recovery or abstinence from drugs of abuse?
How can we soothe vendor relations after an intoxicated family member caused offense?
What options does the family business have to safeguard itself when a family member is “high functioning” or able to limit drug use to non-business hours?
How might a Trustee or attorney be able to help ensure trust distributions support recovery and do not enable addiction?
We can afford to send “Sally” to another rehab. Does that mean it’s the thing to do?