Private Client Services
Foundations are a product of civil law and historically were used as an alternative to a trust in civil law jurisdictions due to civil law having no mechanism for splitting the legal and beneficial ownership of assets.
A foundation is an orphan structure in that there is no discernible ownership of a foundation and this creates planning opportunities which are similar to those afforded by Trusts.
It is now possible to incorporate a foundation in many common law financial centres, such as Guernsey.
BOW are able to form, administer and act as council members for Foundations in a multitude of different jurisdictions.