Family Constitution & Family Business Governance
Legal advisory for family businesses: family governance frameworks, family constitutions, succession planning and shareholder agreements to preserve business continuity.
Family Business Practice
Family businesses face unique governance challenges that combine business strategy with personal relationships. NextEra Legal helps family businesses build lasting governance frameworks that prevent disputes and support multigenerational continuity.
Family Constitution
A family constitution is the foundational governance document for family-owned businesses. We facilitate the drafting process — bringing family members together around shared values and rules — and produce a comprehensive constitution covering entry/exit rules, dividend policy, employment of family members, decision-making authority and succession.
Shareholder Agreements
We draft shareholder agreements that translate family governance principles into legally binding obligations, covering share transfer restrictions, pre-emption rights, drag-along and tag-along provisions, and dispute resolution mechanisms specifically designed for family business contexts.
Succession Planning
Business succession is one of the greatest risks facing family companies. We advise on ownership transfer structures — including gifts, inheritance planning, and holding company arrangements — designed to minimize tax exposure and family conflict while ensuring business continuity.
Conflict Prevention & Resolution
We help families design dispute resolution processes — including mediation and arbitration clauses — that resolve conflicts confidentially without recourse to public litigation that could damage the business and family relationships.