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Splitting Up is Hard to Do

Options for terminating a private foundation when it’s run its course.

Parents often wonder what will go on among their children after they’re gone—will their children get along and work out their differences or go their separate ways? Sometimes even with the best of intentions, adult children decide it’s best for the family not to mix work and play, including in the context of operating a family private foundation (PF). 

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TAGS: Philanthropy
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