When you decide to create a family foundation, you will confront a number of important legal issues. Because of the complex nature of foundation law, many families choose to hire a professional counsel to help them with the process of setting up the foundation and creating its governance structure. In some cases, your own lawyer or accountant will have experience in foundation governance
and will be an important resource. In other cases, he or she can refer you to a colleague who has experience in these issues.
Here you will find additional perspectives and tips on legal issues in family philanthropy. For a wide variety of additional resources on this topic, current NCFP Friends are invited to login to NCFP's Family Philanthropy Online Knowledge Center.