How Private Foundations Can Unify Intergenerational Families

Finding a way to facilitate trust, communication, and proper preparation and development of the necessary skill sets of the next generation can be difficult and will vary from family to family. Today, many families are finding answers to these questions through a private family foundation. If you’re thinking about staring a family foundation, here are considerations to help guide the setup, as well as potential benefits for your family and the long-term preservation of your family’s wealth.