Rushing towards a constitutional meltdown

Trying to set up a family constitution when everything goes to hell can be a huge mistake. Unless it's a thoroughly considered and reviewed document it can cause more problems than it solves.

In some families one or two members will start putting together a constitution when tensions flare up. That never works. A good constitution, the governance plan for the family business providing a link between family matters and the business, can take years to develop and there are many threshold issues like enforceability and flexibility.

Anyone trying to get one done quickly to ease a conflict will have to think again.

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