The Private Fund (Private Interest Foundation), from a legal point of view, is a very interesting entity. Judge for yourselves: being properly established, it undoubtedly exists, but belongs to no one at all. At all. This is a completely separate, independent thing in itself, which, on the one hand, is not taken away from anyone, but on the other hand, which, like a slave to the lamp, strictly submits to the will of its founder, and does everything that he ordered while there is enough puff . A certain unknown founder ordered to own any assets, companies or real estate - he owns a private fund. Once he ordered the mysterious founder to pay an annual rent or, for example, a scholarship for education to the specified person (beneficiary) - he regularly pays. Maybe one and the other, and the third at the same time, and a lot of other things. At the same time, the fund is a full-fledged legal entity, it can establish companies and, in the worst case, even sue someone. Moreover, on their own behalf. Not involving your founder in a lawsuit. Protecting the interests of the founder of a private fund from claims of third parties is generally first-class. As you can see, the possibilities of protecting assets, property and property that a private fund controlled by you gives in modern circumstances can prevent many situations of unfriendly seizure of your property.
You can find out more interesting features and information here.
https://www.ifc.org/wps/wcm/connect/news_ext_content/ifc_external_corporate_site/news+and+events/news/storydetailpage_pe
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