Money Magazine

Should you establish a private ancillary fund?

YES

SIMONE DANIELLS

senior lawyer, Andreyev Lawyers

Private ancillary funds (PAFs) can be an effective tool if you want to leave a strong and lasting philanthropic legacy while leaving the actual hands-on charitable work to well-established frontline service providers and organisations.

In our experience, PAFs are a good option if you want to set aside part of your family wealth to be given

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