Trust

A trust is a fiduciary relationship where a person (the settlor)...

Parties to a Trust

1. Settlor: The person who creates the trust...
2. Trustee(s): The legal person administering assets...
3. Beneficiaries: The people entitled to enjoy the assets.

Why Establish a Living Trust

1. To ensure property distribution follows the settlor’s wishes.
2. To avoid the lengthy probate process in court.
3. To reduce inheritance or estate taxes depending on jurisdiction.
4. To maintain privacy and avoid probate becoming public record.
5. To ensure control and appoint a trustee in case of incapacitation.

Foundation

A foundation is a nonprofit corporation or charitable trust that grants to institutions or individuals for causes like education or culture.

Most are private foundations supported by individuals, families, or corporations.

At Bepari Fiduciaries, we’ll help you establish a Trust or Foundation in your preferred jurisdiction.