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What is a family fund?
Family foundation refers to a fund whose funds mainly come from multiple members of the same family. Whether it exists in the form of trust, offshore company, single account or bank account, it can be collectively called "family fund". The concept of family fund is popular in Europe and America, but it has just started in China.

In recent years, the government has paid great attention to the development of family foundations and given many good policies. For example, the registration procedures have been gradually simplified, and other conditions have begun to relax. However, some supporting laws and policies need to be improved, and more publicity and lobbying by news media, founders and practitioners are needed.

Only by grasping the instrumental characteristics of family foundation can we understand and give full play to its multiple functions. Youmai is a professional wealth management service organization, insisting on the buyer's position in China market. Its main shareholders are world-renowned asset management companies, famous investors and senior industry experts. The company's core management team has been deeply involved in China's wealth market for many years, with tacit cooperation and remarkable achievements.