Family Constitution

Family Constitution & Council Formation

Shared values, written down. Decisions, made together.

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—What we do

Written down, agreed, durable.

A family constitution sets out the foundational principles governing family behaviour, decision-making and the relationship to shared assets — the reference point everyone returns to when circumstances change.

  • Vision, values and guiding principles
  • Ownership and decision-making rules
  • Roles of family, owners and management
  • Employment and involvement policy
  • Dividend and reinvestment policy
  • Amendment and review mechanisms

DCFB registered

Family-owned businesses

Families that want a shared, written reference for how decisions are made and assets are held.

—Explore further

More from the accounting practice.

Family Council

A formal governing body and forum for accountability.

Succession Planning

A defined process for transitioning leadership and ownership.

Structuring

Trusts, holding companies and ownership structures.

—Family Governance—

Aligning the next generation?

Speak to our DCFB-registered team.