Practical Uses of Private Interest Foundation

• To protect family business providing continuity to the next generations;
• To protect defenseless persons incapable to manage their assets, such as minors and disabled;
• To manage payments of money or the distrbution of assets to members of the family or to provide for the education, housing, maintenance or profit sharing of family members;
• To carry on scientific, philanthropic, religious, humanitary purposes, or to manage funds or assets for the benefit of these activities;
• To manage profit sharing as well as pension plans to employees;
• To create a sophisticated and efficient substitute of the testament or will;
• To form a holding of shares, participations or interests in private or public corporations;
• To create a vehicle for the collection of royalties;
• To create a vehicle to invest in shares, bonds, mutual funds, bank deposits or other assets;
• To form a vehicle to own real estate or other assets of considerable value such as art works;
• To form a vehicle to protect assets against excessive taxes, creditor claims, political instability or forced heirship;
• To operate bank accounts in any part of the world.