Document Retention Policies—Why Are They Necessary?
Author: Brooks Caston, J.D..; Katherine E. David.
Source: Volume 14, Number 03, March/April 2015 , pp.3-5(3)
< previous article |next article > |return to table of contents
Abstract:
Family foundations—regardless of size—must develop internal policies to manage and minimize internal and external risks. A document retention policy is an important tool in this regard. This article outlines a practical and prudent approach to document retention and examines specific retention policies for a variety of documents typically generated by family foundations.Keywords: Sarbanes-Oxley Act; IRC §6104; Federal Employment Law; Grant Information
Affiliations:
1: Strasburger & Price, LLP; 2: Strasburger & Price, LLP.