An introduction to trusts and foundations

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You’ve likely been advised that establishing a trust or foundation is an effective way to hold, protect and manage your wealth. Here we summarise why you might want one of these – to let you know what you’re getting into and how you will likely benefit.

Advantages of a trust

  • Trusts are very flexible - they can be adapted to take into account the changing needs and circumstances of a family.
  • A trust allows the settlor to ensure that the trust assets are used to benefit his chosen beneficiaries in accordance with his wishes.

Advantages of a foundation

  • A foundation has a corporate personality. Foundations are popular in civil law jurisdictions where the use of trusts is less common.
  • Foundations are very flexible - they can be adapted to take account of the changing needs and circumstances of a family and a family business.

Read our guide for the full list of advantages and features of trusts and foundations.

Trusts or foundations often form a key part of structures set up to provide a means of sharing, managing and maintaining a family’s wealth, protecting it for future generations.

Download our guide >

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