Private Client and Family Advisors
At IMC, we help in the formation of private foundations both onshore and offshore.
For those who are not familiar with trusts, the notion of transferring their wealth to a trustee may not seem to be the optimal solution. In those cases, a private foundation can provide many of the same benefits as a trust. The foundation is a structure that exists in civil law and the founder may be more accustomed to operating within a civil law framework. Additionally, a private foundation has more flexibility as it can offer the founder more control over the assets it holds.