Family Arrangement Agreements starting

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What is a Family Arrangement Agreement?

A Family Arrangement or a Memorandum of Family Settlement is a legal document that records a common understanding among the members of a family in the event of any disagreements. It is an agreement among members of the same family, intended to be generally and reasonably for the benefit of the family, either by compromising doubtful or disputed rights or by preserving the family property or the peace and security of the family by avoiding litigation or by saving its honour.

Why is Family Arrangement Document Important ?

Establishes Ownership
It settles rights and liabilities in a property matter or with regards to other assets held among family members without causing conflicts.
Preserve Rights
It preserves family rights and encourages amicable settlements thereby preventing lawsuits or saving honor is general and fair for the sake of the family.

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