I will no longer become a family accountant. This is because I am dragged into family affairs that are time consuming and most of the time little to do with the terms of my engagement. I now prefer to keep my distance.
More recently, I was asked to motivate a client’s son in his thirties to get himself sorted and register himself for self-assessment. This was on the basis I would be a good influence.
From my perspective the line between a personal and a professional relationship became truly blurred. This made it very difficult for me. In the end I was honest with the client and just said talking to his son was not my role.
Furthermore, due to a close relationship it becomes difficult to charge additional fees for work outside the terms of engagement.
I started to keep my distance with the client in question and tried to maintain a professional relationship. The client moved on just last week. Okay I lost some (not that much) income, but I think it was for the best.
Are you a family accountant? What is your experience like?