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How to set up a family fund, how to check the flow of funds, and what account to open in the bank?
Family foundations are generally composed of internal supervisors, external related supervisors and external unrelated supervisors, that is, independent supervisors. The internal directors of family funds are mainly composed of fund managers under the fund manager or representatives sent by the fund manager, and the external related affairs of family funds are mainly composed of the fund's major shareholders. Family funds and independent children affairs are mainly composed of industry experts and scholars.

Family members who want to check the flow of funds can open a company account in the bank and share passwords among family members. 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.

Only by grasping the instrumental characteristics of family foundation can we understand and give full play to its multiple functions. Since its establishment, Youmai has been committed to screening global investment opportunities for the China family office, providing personalized asset management solutions and supporting the establishment and operation of the family office.