What to keep in mind
Address management, family participation, transfer restrictions, future generations and deadlock through suitable bylaws and complementary shareholders' agreements.
Equal inheritance expectations do not necessarily mean that all relatives should exercise equal executive authority.
Distinctions often confused
Being a family member, shareholder and administrator are distinct legal roles.
Frequently asked questions
Should every family member receive the same ownership percentage?
There is no universal formula; financial goals, involvement and inheritance rules must be considered.
Can a family shareholder be prohibited from leaving forever?
Restrictions are subject to legal limits; a workable exit and valuation process is generally preferable.
Informational content. It is not a substitute for professional advice.