Family trading foundation should be a non-public offering foundation, and can apply to the local civil affairs department for establishment according to the Regulations on Foundation Management, with the minimum original amount of RMB 2 million.

Under the current legal system of our country, it is impossible to establish a real family foundation with the purpose of family inheritance. As far as reality is concerned, people often refer to those foundations established by individuals for public welfare as family foundations. However, even this kind of foundation can only be called family foundation, not family foundation. Because these foundations only control one person or a small family, not the whole family.

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