1. Family Business Management 1.1 Sound Management A Family business is the pillar of Family assets. A special attention should be given to it in a Family Charter. Who manages the Family Business? Family members and/or others? They may be assisted by consultants and...
How is a family Charter drafted? Can it be amended?
Drafting a Family CharterThe drafting of a Family Charter is not a difficult task, as long as its author is fully aware of what to provide in it.The best Family Charters are those that the largest number possible of Family members contributes to. Participating in the...
Introduction to basic family charters
There are some frequent questions that are raised by researchers when looking into a specific matter. Some of them seem to have obvious answers when, more frequently than not, this is not the case. 1. What is a Family? A Family is a group of individuals...
Charter for high net worth families. What for? And what are its contents?
A Family Charter should not be looked at as a piece of literature to work on, perfect and store in a drawer. It has a specific use and it should address a minimum of critical and important matters of concern to the Family. 1- What is the Role of a Family Charter? (a)...
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A WORLDWIDE INITIATIVE OF INDEPENDENT EXPERTS Family governance | Transfer of family business | Structuring the business | Family charter | Information and influence of family members | Control and finance of family assets | Estate planning | Inheritance tax |...
