Foundations are normally associated with a non-profit, altruistic cause. While foundations are indeed predominantly used by charities to perform their much need work, the reason why foundations are such suitable vehicles hold equally true for commercial enterprises.
The main advantage of a foundation is that – depending on the jurisdiction – it combines the best of two worlds: the asset protection and survivability of a trust, with the flexibility and commercial freedom of a corporation.
A foundation could be your key to success, if you are truly serious about aggressively growing your wealth through a combination of:
- efficient and effective tax planning
- prudent and practical asset protection
- intelligent and impactful investment