In this helpful article, ?Don't let a risk become a crisis? by Clare Archer and Rebecca Goldring, the family office role of preparing for risks is explored. The authors list a number of risks to keep in mind and offer practical tips to avoid being caught unprepared. The list of potential crises they address includes: cyber-crime; protection of digital currencies; reputational damage; potential for litigation; divorce and judicial separation; and death of a founder/key family member. The authors describe each of these, and give advice about being prepared. As they point out The nature of crises is that they are often unexpected, come within a very short time frame and one may lead to another. The very nature of a crisis means that everyday operations are interrupted, possibly completely halted and these may never recover, while the problem in hand is dealt with. As a result, they may have severe financial and operational consequences and at their worst come with risk of reputational damage and injury. Family offices are particularly important in the role of being sure that the family is prepared, as much as possible, for any of these risks.