The founder transfers assets to the foundation; administrators bound by fiduciary obligations; assets detached from the founder’s wealth.
TYPICAL ASSETS:
Shares, stocks, bonds, currencies, immovable and intellectual property, art, precious metals, private equity, life insurance policies, etc.
Separate legal entity
Substantial tax savings
Efficient distribution of assets for generations
Privacy of the statute and beneficiaries protected
Protection of assets from claims, creditors & unrecognized heirs
Drafting the trust deed according to settlor's wishes
