Family Governance: Development of a Family Constitution | McDermott

Family Governance: Development of a Family Constitution

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Norbert Schulte wrote this bylined article on developing a family constitution to operate a family office. “The process of shared discussion and education creates family identification and rules of life,” Mr. Schulte wrote, adding that “for the family itself, it is important that the values of all members are taken into account to develop harmony in how the family office is run.”