Create a Family Constitution – Magellan Law can show you how
A Family Constitution and bylaws are usually executed when the family owns a prosperous business. These documents are a standard for the family to live by – Now and in the future. It is an oath between all family members which explains the basic family rules and regulations. It will oftentimes outline the family’s religious or philosophical preference, the family’s future goals, and the overall priorities of the family unit.
Unlike the Constitution of the United States, there is no judge that will be able to uphold your family constitution. However, it is a good reminder of your family values.