The agreement is confirmed with the approval of all family members who firmly support the resolution given in the agreement at a later date when the event mentioned in the agreement occurs. It is presented in the form of a deed and is properly attested and registered by government officials.
The aim is to protect the family’s assets and reputation by recognizing that it is not in the family’s best interests for members to participate in fights or disputes. The aim is to maintain and protect the peace, stability, and overall well-being of the family and its members. A family settlement arrangement is useful in a variety of situations, including land and immovable properties, bonds, lawsuits, and family feuds.
