A trust is a fiduciary relationship where a person (the settlor) gives/ bestows upon another person (the trustee) the right to hold title to the property for the benefit of a third party (the beneficiary). Thus, it can be used as another method of estate transfer.
Broadly speaking, a foundation is a nonprofit corporation or a charitable trust that makes grants to organizations, institutions, or individuals for charitable purposes such as science, education, culture, and religion.
The most common type of foundation is a Private foundation which is generally financially supported by one or a small handful of sources—an individual, a family, or a corporation.
At Bepari, we will listen to your need and assist you set up a Trust or a Foundation in a jurisdiction of your choice.