Family businesses
We have been one of the pioneering firms in our region, providing advice on Family Protocols and planning succession and generational transitions from both legal and tax perspectives. Our work includes preventing and resolving a variety of conflicts that may arise between companies and their owning families or among family members.
We believe that implementing a Family Protocol should always result from a thoughtful and deliberate process that requires continuous updates. Therefore, our work extends beyond merely drafting the framework document itself. We place equal importance on the preparatory phase (conducting surveys, interviews, identifying potential issues, and building consensus) and the subsequent phase (ensuring compliance, updating, and effectively implementing and executing the protocol).
To this end, beyond the necessary amendment of bylaws, we have extensive experience in restructuring significant family wealth. This includes separating non-business assets from business assets and allocating them among family members according to their respective interests and actual involvement in the company’s day-to-day transactions.
Drafting and properly implementing wills, succession agreements, and prenuptial agreements is another niche area where we consider ourselves specialists. These services are crucial for ensuring the successful development and continuity of family businesses.
Moreover, when a generational handover is not feasible or advisable, we often collaborate with consultants specializing in investor searches. In such cases, we are involved throughout the entire process, providing comprehensive advice and support to our clients.