Foundations & Succession

Structures for wealth, shareholdings and cross-generational order.

Foundations and foundation-like vehicles are not labels. They must match assets, family governance, tax residence, control, beneficiaries, bankability and documentation. The review compares the structure type with the actual objective.

Structure topics

Questions that decide the structure

  • Is the objective asset dedication, family governance, succession, charitable purpose, asset protection or ownership stability?
  • Who should control, who should benefit and who should not have access to the assets?
  • Which tax consequences arise on endowment, transfers, income, distributions, relocation or later amendments?
  • Can the structure be explained consistently to banks, tax advisers, family members and authorities?
  • Which local legal review is mandatory in the relevant jurisdiction?

Documentation and bankability

  • Foundation charter, by-laws, regulations and governance documents must match the economic explanation.
  • Beneficial ownership, control rights, protectors, council members and beneficiaries must be described consistently.
  • Source-of-wealth and source-of-funds evidence should be prepared before bank onboarding or asset transfers.
  • Funds flow, loan arrangements, donations, distributions and reserves should be documented separately.

Outcome of the review

  • Comparison of suitable foundation or foundation-like structures.
  • Pre-assessment of tax, governance, banking and documentation topics.
  • Document list for formation, endowment, bank contact and ongoing administration.
  • Recommendation on matters that require local admitted professionals before implementation.
Discuss a foundation topic