Shining the Light on Lighthouse Parenting
• Checking in Regularly: Ensuring open lines of communication. • Encouraging Autonomy: Allowing kids the freedom to make decisions and learn from the outcomes. • Promoting Resilience: Supporting children as they navigate challenges, helping them to develop coping skills and independence. PARENTS SET BOUNDARIES AND OFFER SUPPORT. Unlike authoritarian parenting, which might stifle a child’s sense of independence, lighthouse parenting encourages self-reliance through trust and minimal but firm boundaries. Parents provide the framework, trusting the kids to make good decisions. This method helps to build a robust support system where children know they have the safety net of their parents’ guidance when needed. KEEP THE LIGHT ON Adopting the lighthouse method involves unconditional love paired with expectations and boundaries. It’s about guiding children through the complexities of growing up without removing the essential experiences that teach them about life. Of course, no single parenting style is perfect for every child. How you reinforce lighthouse parenting depends entirely on your child’s needs and developmental trajectory. Ultimately, lighthouse parenting aims to prepare children to thrive independently, ensuring they know the way back to shore, no matter how far away they sail.
Among the countless parenting styles out there, an approach called “lighthouse parenting” is a beacon for guiding children through life’s turbulent waters while giving them the space to navigate on their own. While it may sound ideal, is it the right parenting style for your kids? WHAT IS LIGHTHOUSE PARENTING? Coined by Dr. Ken Ginsburg, a professor of pediatrics at Children’s Hospital of Philadelphia, lighthouse parenting is a philosophy detailed in his book “Raising Kids to Thrive.” This approach emphasizes a balance of nurturing and communicating with children while allowing them the freedom to grow independently. Just as a lighthouse guides without steering the ship itself, lighthouse parents offer direction and ensure safety without overly controlling their children’s lives. IT ADVOCATES FOR A BALANCED APPROACH. Lighthouse parenting positions itself in the sweet spot on the parenting spectrum — not as overbearing as helicopter parenting nor as detached as free-range parenting. It focuses on being emotionally present and available, providing a safe space for children to bring up issues and learn from their experiences. This method involves:
Keep Your LLC on Track
Why Your Operating Agreement Should Evolve With Your Business
• Changes in Membership: If your organization gains or loses members, you’ll need to ensure the agreement reflects any new or adjusted responsibilities or financial shares. • Management Shifts: Leadership changes also warrant a revision. If you replace or hire a new manager, you need to update your agreement. • Financial Structure: Your financial information is a key element of the agreement, so any time there is a change to the economic contributions of members or what they receive, updating your plan will help prevent disputes.
An Operating Agreement is like a road map for your LLC, providing a framework for how the company will function. This crucial document outlines the ownership structure, company procedures, and decision- making processes that will determine how your business runs. As your business changes, it’s essential to revisit your company’s Operating Agreement to ensure the document accurately documents the changes. WHY UPDATE? Keeping your Operating Agreement updated doesn’t just keep you up to date; it can protect your company from a number of problems. If the laws governing LLCs change, you may need to update your agreement to remain compliant, preventing legal challenges down the road. You can also prevent financial disputes by ensuring your agreement is in tune with your members’ current financial contributions. Hopefully, over time, your company will grow, and your Operating Agreement should evolve with it, having provisions in place for expansion or changes in ownership or other company protocols. REASONS TO MAKE CHANGES Think of your Operating Agreement as a living document that should be revised whenever a significant change in the company occurs. Here are some of the main reasons you must review your agreement.
• Business Operations: If your business’s purpose or operation changes significantly, it’s essential to change your agreement.
Review your company’s Operating Agreement on at least an annual basis to keep it updated and to protect your company and its members. An outdated Operating Agreement can cost you, potentially leaving you and the other owners in your company subject to the state’s default laws governing limited liability companies. Contact us at Douglass & Runger for expert guidance to ensure all your business documents are up to date and reflect your current structure and values.
2 • DouglassRunger.com
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