KNOWLEDGE BASE

OFFSHORE FOUNDATIONS

Types of Offshore Foundations

THE SOLUTION OF CHOICE FOR WEALTH MANAGMENT

The Private Foundation has long been favoured by wealthy individuals and families as a vehicle for accomplishing their wealth and succession management strategies, corporate control and their charitable objectives.

Broadly speaking they fall into the following categories:

1. Private

For succession management.

2. Corporate

For continuity of control, pension and employee benefit schemes.

3. Charitable

For the benefit of charitable organisations.

4. Special Purpose

Donations serving a specific philanthropic purpose.

Whilst the above types offer specific objectives, foundations can be established to embrace all purposes and objectives. The purposes are contained within the foundation charter and by laws.

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