What is a Foundation? A foundation could be a comparatively new construct to common law jurisdictions that have historically used trusts for quality holding and succession designing. However, foundations have conjointly been used for identical purposes in civil law jurisdictions since the centre Ages. A foundation is an incorporated legal entity that might be accustomed to hold assets and can have a variety of uses in wealth structuring and succession designing. Foundations are effectively orphan structures and are probably to be of specific use wherever charitable trusts, purpose trusts, or firms restricted by guarantee would think. They will equally be used for charitable or non-charitable functions, like succession designing for affluent families to divest assets that regardless will hold for the good thing about its beneficiaries. What variety of assets will Foundations hold and WHO are best placed to use them? Foundations will hold all sorts of qualities from one asset to a s...