Daddy's first lady? Ivanka steps down as head of her fashion line, leaves the Trump Organization and sells off her stock so she is free to follow Donald to the White House

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Ivanka Trump is taking care of some last second business before heading down to Washington DC for her father's inauguration next week by quitting her two jobs and selling off all her stock in the companies.

The 35-year-old has stepped down from her post as Executive Vice President of Development & Acquisitions as the Trump Organization after 11 years with the company while also resigning from her job running her eponymous line of clothing, shoes and jewelry.

Ivanka also sold off all her common stock in the Trump Organization so that she can no longer benefit from the company's profits. 

The decision of the married mother-of-three to step down from her jobs seems to confirm the long held belief that she will be performing some of the duties which are normally assigned to the first lady while her father is in office.

She will certainly be the most visible first daughter that has ever been in the White House, and a source close to the family tells DailyMail.com that she is taking that role 'very seriously' at this time.

'She want to be respectful,' added the source. 

Donald's wife Melania has made it very clear since the election that she plans to spend a majority of her time in New York City after husband is in office, taking care of their 10-year-old son Barron and allowing him to finish the school year. 

This would mean that Ivanka could be the one hosting state dinners and meeting with foreign dignitaries and officials while also travelling the country for appearances and speaking engagements.

Melania will however be the actual first lady, and in November met with Michelle Obama to discuss the role while also revealing that she was champion cyberbullying as her cause once her husband took office.  

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Mrs. Kushner goes to Washington: Ivanka Trump (above in September)  has stepped down from her job as Executive Vice President of Development & Acquisitions as the Trump Organization after 11 years

Farewell fashion: The 35-year-old also sold off all her common stock and resigned from her director position at her eponymous fashion line (above in ads for her jewelry line)

Vanity Fair was the first to report that Ivanka had stepped down from her leadership and director positions at the two companies.

That move also means that Ivanka is officially in compliance with ethics laws and free to accept a job in her father Donald's administration at a later date should she have a change of heart.

It was reported earlier this week that Ivanka would not accept a position in the White House, where her husband Jared, 36, will be working as an advisor to her father.

She would not however be able to accept a salary or official cabinet position however under an anti-nepotism law that prohibits elected officials from appointing relatives to any agencies they oversee.

It is unclear however if that law applies to a president appointing a family member to serve as an advisor to them in the White House or work in the West Wing.   

In an interview with Fox News Sunday last month, Donald made it very clear that he wanted his daughter to be involved in some capacity with his administration, saying she and husband Jared were 'two very talented people' and that his team was looking over the legal restrictions. 

'I would love to be able to have them involved,' said Donald.

'If you look at Ivanka - she's so strongly, as you know, into the women's issues and childcare ... Nobody could do better than her.'

Donald later kept the door open for Ivanka to come with him to Washington DC when he wrote on Twitter that his sons Donald Jr. and Eric would be staying back in New York to run the Trump Organization and take care of business operations, with no mention of his daughter. 

Right-hand man: It was announced on Monday that Ivanka's husband Jared would serve as one of Trump's advisors in the White House, but would not accept a salary (Ivanka, Jared and Donald above on election night)

Stepping up to the plate: These moves seem to suggest that Ivanka (above in October with her father as brother Donald Jr. looks on) will be performing many of the duties assigned to the first lady in the White House when he father takes office

The news that Ivanka has stepped down comes the day after Donald finally announced that Ivanka's husband Jared Kushner would be taking a role as a senior advisor in his administration after he is sworn into office next week.

Son-in-laws also fall under the anti-nepotism law, but since Jared has said he will not take a salary that should not be a problem as an appointee in violation of the rule is 'not entitled to pay.'

Just like his wife, Jared  stepped down from his jobs as chief executive of Kushner Companies and as publisher of the Observer while also ridding himself of his holdings in the media company as well as interests in  a venture capital form and one of the buildings he owns in New York City at 666 Fifth Avenue.

A lawyer for Jared confirmed that both husband and wife had taken the necessary steps to avoid any conflicts of interest and said in a statement after Jared's appointment on Monday: 'Mr. Kushner is committed to complying with federal ethics laws and we have been consulting with the Office of Government Ethics regarding the steps he would take.'

Ivanka (above in October at the opening of the Trump hotel in DC) has worked for her father since 2005

Donald meanwhile said while announcing the news that his son-in-law would be his right-hand man in the White House: 'Jared has been a tremendous asset and trusted advisor throughout the campaign and transition and I am proud to have him in a key leadership role in my administration.'

Jared later said that he was 'humbled by the opportunity to join this very talented team.'

The 36-year-old will reportedly focus his attention on trade policy and the Middle East in his new position.

Donald told the New York Times during a meeting shortly after he was elected that he would 'love to be the one who made peace with Israel and the Palestinians' once in office, and that he believed Jared could help facilitate that goal. 

No two people played a bigger role in getting Donald elected this past November than Ivanka and Jared, who despite their young age and lack of experience are now two of the most powerful people in American politics.

The couple, unlike campaign manager Kellyanne Conway and strategist Steve Bannon, were with Donald from the day he announced his plan to seek the Republican nomination in June 2015 to the night of his victory, and their opinions have always appeared to be the most valued to the president-elect.

There have also been numerous indications over the past few weeks that both Jared and Ivanka would be taking roles in the White House.

The most notable of these was the news last week that the family would be moving into a $5.5million home in the District's Kalorama neighborhood.

It is unclear however if the couple bought the six-bedroom residence or will just be renting the home, which was sold just before the holidays to an unknown buyer.

The Trump-Kushners will now be just two blocks away from the home of Barack and Michelle Obama, who are moving to the neighborhood after next week so that their younger daughter Sasha can finish high school in the city.

In the beginning: Ivanka and Jared came under fire just one week after the election when photos emerged showing them in a meeting with the Japanese Prime Minister (above)

New digs: The Trump-Kushners will soon call this $5.5million residence in Washington DC (above) home, just two blocks from the Obamas new home

Priorities: Ivanka has said her first task when the family moves to DC will be settling in her three children, Arabella, Joseph and Theodore (above last month)

Meanwhile, in the two months since he was elected Ivanka has run into a number of problems because of how close she is to her father.

The first major incident came just one week after the election, when her company sent out an email giving information and pricing on the $10,000 bangle from her jewelry line that she wore for the family's interview on 60 Minutes.

There was much public outcry over the fact that the move seemed to be a clear attempt on Ivanka's part to profit from her father's position as president.

Abigail Klem, the president of the Ivanka Trump brand, later addressed the situation and apologized, telling DailyMail.com: 'This notification was sent by a well-intentioned marketing employee at one of our companies who was following customary protocol, and who, like many of us, is still making adjustments post-election.

'We are proactively discussing new policies and procedures with all of our partners going forward.'

Just days later, Ivanka once again found herself under fire when photos were released that showed her sitting in on a meeting her father was having with Japanese Prime Minister Shinzo Abe.

Jared was also photographed at the meeting. 

Ivanka has also been forced to deal with a number of protests in past months

An individual with knowledge of the meeting later dismissed the outrage, telling DailyMail.com that Ivanka was simply stopping by the meeting when the photos were taken to say hello as she had been working nearby in her office at Trump Tower.

And a family source added: 'The President-elect has always encouraged Ivanka and his children to attend meetings with him. This was informal, but the family obviously needs to adjust to the new realities and they will.' 

Ivanka has also had to deal with a great deal of public criticism as a result of her close relationship and support for her father including protesters who picketed outside the Park Avenue apartment where she lives with Jared and their three children - Arabella, 5, Joseph, 3, and Theodore, who will turn one in March.

There was a movement that began in November calling for not only a boycott of Ivanka's clothing, shoes, jewelry and fragrances, but also the companies that carry them in their stores. 

That forced the staff at the company to release a statement addressing the concerns of he public, saying: ‘Our company’s message is not political – it never was and it never will be – however, Ivanka, personally, has an increased opportunity to advocate for woman and be a positive force for change.'

The company that revealed that they were separating all social media accounts to make a distinct difference between Ivanka the person and Ivanka Trump the brand.

‘We’ve been listening to the feedback we’ve received, both positive and not, and we’ve been taking it into consideration as we plan for the future,' read the statement.

‘Keep the comments coming.’ 

Ivanka was also publicly accosted last month by a man just three days before Christmas while on a flight from New York City to San Francisco while she and her family were en route to Hawaii for their holiday vacation.