Family Constitution

A Family Constitution is a written document that outlines the values, goals, and principles guiding a family, particularly in managing family-owned businesses or wealth. It serves as a framework to help family members navigate important decisions, resolve conflicts, and ensure harmony across generations. Typically, it includes guidelines for communication, roles and responsibilities, decision-making processes, and plans for succession. By establishing clear expectations and shared values, a Family Constitution promotes unity and helps preserve family legacy while adapting to changing circumstances.