We help clients assess whether a trust, foundation or fiduciary arrangement is appropriate for their objectives. First, we clarify how the structure will work, who will hold responsibilities and which countries it will involve.
Trusts and foundations: defining the purpose
Our assessment covers the purpose, assets, beneficiaries and governance arrangements. We also clarify each party’s role and responsibilities. Drafting and implementation are coordinated with the professionals required in the relevant jurisdiction.
Foundations
We examine the suitability of a foundation in relation to the client’s asset holding and continuity objectives. This review covers the governing documents, decision-making and administration. We also consider how the foundation fits within the wider ownership structure.
Fiduciary companies and arrangements
We assess fiduciary structures in the context of their intended function and the applicable legal framework. In addition, we review responsibilities, documents and beneficial ownership. Banks and professional service providers may need further information.
The legal effect and tax treatment of each arrangement require a jurisdiction-specific assessment. The type of structure alone does not determine the outcome.