Foundations & Trusts Setup in the UAE
In today's financial world, where wealth preservation and succession planning are vital, foundation & trust services in Dubai are key tools for protecting assets and ensuring they are managed and transferred according to the owner’s wishes. These legal structures offer stability, control, and flexibility, making them attractive to high-net-worth individuals, families, and businesses alike.
Although both trusts and foundations serve to protect and manage wealth, they differ in their structure and governance. A trust is a legal arrangement where a settlor transfers assets to a trustee, who manages them on behalf of beneficiaries, including individuals, organizations, or other entities.
Trusts are highly flexible, allowing the settlor to set customized terms for asset management and distribution. This makes trusts particularly useful for personal, financial, or charitable goals, as well as for wealth management, asset protection, and succession planning.
A foundation, in contrast, is an independent legal entity with its own legal personality, typically created for specific purposes such as philanthropy or family wealth management.
Unlike trusts, foundations are self-governing, with the foundation holding and managing its assets under the direction of a board or appointed managers. This structure allows for greater control over asset distribution, making foundations ideal for individuals seeking continuous involvement in managing their wealth.
Both trusts and foundations offer significant benefits in terms of asset protection, tax efficiency, and long-term financial security. With expert guidance, these structures can be tailored to meet specific goals, providing a seamless solution for managing and preserving wealth across generations.
For individuals or businesses seeking a secure way to manage their assets, foundation & trust Services in Dubai offer unparalleled flexibility and control in a highly beneficial regulatory environment.