Throughout our various engagements with family owned businesses, we developed a significant body of experience in the following areas:

• Establishing family councils / family offices.
• Drafting family constitutions.
• Assisting family members in defining their various roles as owners, managers/ employees, and family members.
• Designing governance architectures and mechanisms such as board membership, relation of board to other family members, best practices for boards’ modus operandi, etc.
• Addressing fiduciary issues such as change in the ownership structure of the company, buying and selling shares of the family business, dividends policies, and personal loans to shareholders, etc.
• Preparing succession to future generations
• Insertion of succeeding generations within the management of the family owned business.
• Eligibility and employment standards, compensation and performance reviews of employed family members, etc.
• Dealing with family members as third party business partners.
• Devising policies for jointly owned real-estate property, community involvement, education of family members, shared family funds, etc