President-elect Donald Trump and his family are working to shut down foundations and end development deals in the wake of being criticized by the public over conflicts of interest.

While no plans have been revealed, Trump and his aides have said that he intends to distribute the assets of his personal charity before entering office, and then he will shut it down.

Additionally, he has terminated international business endeavors and hired an outside monitor to oversee the Trump Organization while he's in office.

Donald Trump and his aides have said that he intends to distribute the assets of his personal charity before entering office, and then he will shut it down

His son, Eric, has also announced that he will stop raising funds for his own charity, the Eric Trump Foundation.

'This is a process that my father and my family are taking incredibly seriously,' Eric sad last week.

Meanwhile, Ivanka Trump is also looking into donating the proceeds of her upcoming book, Women Who Work: Rewriting the Rules for Success, to charity.

As the public criticism of Trump's international business operation has intensified, the president-elect, his family, New York executives and lawyers have been working to disband several aspects of the company, according to The New York Times.

The family is determined to work toward clearing as many potential conflicts as possible before the January 20 inauguration.

His son, Eric, has also announced that he will stop raising funds for his own charity, the Eric Trump Foundation

'I certainly can't deny there is a greater desire to sort of clear the decks as much as possible to avoid distractions,' said Alan Garten, the general counsel at the Trump Organization, told the New York Times.

Trump's children have played a prominent role in their father's campaign as well as his transition, which has also raised questions among critics about perceived conflicts of interest.

After his election victory, Ivanka Trump sat in on a meeting between her father and the prime minister of Japan, Shinzo Abe, at Trump Tower in New York.

Trump was criticized for this because his daughter, who owns and markets her own line of clothing and apparel, has pending business deals and interests with the Japanese government.

Both the Trump Organization and the Ivanka Trump brand are exploring options that would block contact between companies and the federal government, including hiring an outside monitor to oversee the businesses.

The Trump Organization has terminated pending deals for hotels and apartment buildings in Brazil, Azerbaijan, Georgia, Argentina and India.

Labor disputes at Trump's hotels in Las Vegas were settled on Wednesday.

More than 500 food and beverage and housekeeping employees at the Trump International Hotel Las Vegas entered into a four-year collective bargaining agreement effective January 1 that guarantees annual raises and pension and healthcare benefits, Trump Hotels and Unite Here Culinary Workers Union Local 226 said in a joint statement.

Trump's children have played a prominent role in their father's campaign as well as his transition, which has also raised questions among critics about perceived conflicts of interest

After his election victory, Ivanka Trump sat in on a meeting between her father and the prime minister of Japan, Shinzo Abe (center, next to Trump), at Trump Tower in New York

Under the agreement, the union will withdraw a series of cases filed with the U.S. National Labor Relations Board against the hotel, union spokeswoman Bethany Khan said.

Those cases had been expected to be an early test of how Trump, who as president will have influence over the NLRB, would handle concerns over conflicts of interest raised by his business holdings.

President-elect Trump's transition team is also considering the use of discretionary trusts to avoid conflicts of interest for Trump family members or administration officials.

Such an arrangement would provide individuals with an alternative to selling off assets or placing wealth in blind trusts, which president-elects traditionally do.

Trump aides have discussed the idea of discretionary trusts with the Office of Government Ethics (OGE), but it was unclear whether the set-up would be for Trump, his family or any of the wealthy individuals nominated to his Cabinet, according to Politico, which cited two unidentified sources briefed on the talks.

Politico reported on the potential use of a discretionary trust.

Among Trump's many holdings are hotels and golf resorts from Panama to Scotland, besides a winery and modeling agency