Family constitution

Achieving an appropriate balance between business interests and family interests requires more than embedding it in a legal document. A family constitution extends beyond articles of association, shareholders agreements or notarial powers of attorney, since moral principles, a vision of the future and rules for conflict resolution are of equal importance – both now, and in the future. As both families and businesses are subject to continually changing circumstances, even the most detailed contracts and notarial documents cannot encompass, prevent or resolve all issues. This is in part the reason why it is prudent to lay down a code of conduct and the internal rules in an umbrella document, the family constitution. We would be pleased to advise you and help you implement a family constitution.