1. Purpose
- What is the wealth meant to make possible for the family and beyond it?
- What should remain shared, and what should remain individual?
- Which values are genuine decision rules rather than ceremonial language?
2. Authority
- Which decisions belong to owners, directors, trustees, investment professionals and family members?
- What requires unanimity, a majority or delegated authority?
- Who can act during an emergency or period of incapacity?
3. Participation
- What qualifies a family member for employment, governance or distributions?
- How are education, experience and readiness assessed?
- Can someone choose not to participate without leaving the family relationship?
4. Information and conflict
- What information is shared, with whom and how often?
- How can a concern be raised without turning it into a public contest?
- Who facilitates when family roles and commercial roles collide?
5. Review
- Which decisions are permanent and which should expire unless renewed?
- What events trigger a review?
- Who records decisions and ensures the documents still match actual practice?
General information only. Governance arrangements should be documented with appropriate professional advice.