Services

Family constitution advisory services are becoming increasingly important in the UAE, especially as more and more families look to establish a framework for their business and financial affairs. A family constitution is a legal document that outlines the roles, responsibilities, and decision-making processes for a family-owned business, as well as the values, goals, and aspirations of the family itself. These services include;

Developing and Drafting Family Constitution

This is the primary service offered by family constitution advisory services. The firm will work with the family to develop a comprehensive document that outlines the family's values, mission, governance structure, and decision-making processes.

Facilitating Family Meetings

To ensure that everyone in the family is on board with the family constitution, family constitution advisory services may facilitate family meetings. These meetings provide an opportunity for family members to discuss the constitution and any concerns they may have.

Business and Succession Planning

This may involve developing a business plan, identifying key personnel, and creating a succession plan for the family business.

Dispute Resolution

In some cases, families may encounter disputes related to their business or financial affairs. Family constitution advisory services may offer dispute resolution services to help families resolve these issues in a fair and efficient manner.

Education and Training

Some family constitution advisory services may offer education and training to help family members better understand their roles and responsibilities within the family business and financial affairs.