Family Settlements8 min readDinesh D Bajaj
How to Evaluate Whether a Family Settlement Is Commercially Sensible
Peace has a price, and sometimes it is worth paying. The question is whether the numbers, the timing and the risk actually support the deal on the table.
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Value the alternative honestly
- What the likely outcome is if no settlement is reached
- Time, cost and stress of the contested route
- The value of certainty today against a better figure later
Test the terms
- Are obligations mutual and enforceable in practice
- Are timelines realistic for people living abroad
- What happens if one party does not perform
Getting it recorded properly
- Where qualified legal drafting is essential
- Keeping the record of how the agreement was reached