Benefits of a Private Foundation
- A Foundation is a corporate entity.
- A Foundation has no Beneficial Owner.
- A Foundation can have perpetual or limited life.
- A Foundation holds title to its assets.
- A Foundation's Founder can be an individual or corporate entity.
- The Foundation Council can be located anywhere.
- Protector(s) can be appointed.
- Third Parties can be incorporated into structure.
- Beneficiaries can be individuals or corporate entities - could be another Foundation.
- Beneficiaries are not required at the outset.
- No Sham - Certainty is established upon registration.
Some example uses of a Private Foundation:
- Asset & Family Protection.
- Inheritance planning.
- Investment holding.
- Collection of royalties etc.
- Owner of real estate.
- Pre-Nuptial agreements.
- Pensions.
If you would like to speak to a member of our Private Foundations team, please click here.
Charterhouse Lombard is a leading licensed provider of Private Foundation and Family Private Foundations since 1995.