The document discusses the purpose and objectives of a Family Council. A Family Council is a forum for all family members, including those not involved in the family business, to discuss issues and objectives. Its key purposes are to inform family members about the business and get family input, develop and review a Family Charter, provide views on shareholding and dividends, preserve the family legacy, resolve disputes, and guide the next generation. The objectives of a successful Family Council are to ensure all family members are engaged and able to express opinions, uphold family values to enhance reputation, and educate members that they are stewards of the family's sustainability.