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Case Study: Philanthropy and Divorce - Melinda Gates Leaves the Bill and Melinda Gates Foundation
When billionaires divorce, they don't only split what they own; their philanthropy endeavors are often central to divorce negotiations.
For instance, when two spouses are on the board of a charitable foundation, negotiations will have to settle who stays on the board and who has to leave. Sometimes, a single charitable trust has to be divided into two separate trusts. Scenarios can be endlessly complex, and only a savvy attorney...