A foundation is a unique form of legal entity that shares the characteristics of both a trust and a company and is suited to many civil law jurisdictions where there is no recognition for traditional trusts. Foundations are increasingly being used for asset protection, investment management and inheritance planning. Foundations can be used to good effect in a range of circumstances that include:
- Supporting disadvantaged persons to manage and protect their assets
- Protection from future creditors
- Family business succession planning and protection from fragmentation and loss of control to third parties
- Charitable arrangements
We welcome the opportunity to discuss your requirements.