Private Foundations World Survey

Rooted in the civil law systems of continental Europe, where foundations originally served mainly charitable purposes, the private foundation is an innovative development in common law jurisdictions. More and more jursidictions are introducing private foundations as an alternative to trusts and practitioners are increasingly asked to advise clients on the intricacies of the developing law and the differences between jurisdictions. Private Foundations World Survey is the first survey book to consider comprehensively private foundations law and practice in each of the key jurisdictions. With a unique questionnaire format and summary factsheet for easy reference, it examines all the fundamental aspects of setting up and maintaining a private foundation, with reference to relevant legislation and case law. The two expert editors, along with a team of leading international practitioners, cover an exhaustive range of topics, including protectors, taxation, alternatives to private foundations, forced heirship, divorce, asset protection, and migration of private foundations as well as anti-money laundering and KYC requirements. Alongside 21 jurisdiction-specific chapters (which include jurisdictions where the law is still developing, as well as those with more established systems), the book contains general chapters on the uses of foundations and taxation issues in the UK and US. It thus provides readers with all the information they need to confidently assess and advise on any aspect of private foundations law. Contributors to this volume - Wendy Warren, Bahamas Financial Services Board Giles Clarke, Giles Clarke International Limited Marnin Michaels, Baker & McKenzie Zurich Harry Wiggin, Webster Dyrud Mitchell Kenneth Rubinstein, Rubinstein & Rubinstein Dr Friedrich Schwank, Law Offices Dr F Schwank Earl A Cash and Ava Rodland, Higgs & Johnson Christopher Coye and Erienne Romero, Courtenay Coye LLP Tony Pursall, Maples and Calder Jennifer Davis, Marie Francis, Michael Burns, and James McConvill Maike Bergervoet and Jeroen Starreveld, Spigt Dutch Caribbean Attorneys at Law & Tax Advisors Jarrod Cowley-Grimmond and Advocate Hilary Pullum, Law Officers of the Crown John Rimmer, Appleby Zillah Howard, Bedell Cristin Jersey Partnership David Chee, Portcullis TrustNet (Labuan) Limited Hilary Spilkin, LISCR LLC Oliver Schmidt, Allgemeines Treuunternehmen (ATU) Dr Anthony Cremona, GANADO Advocates Yuvraj Juwaheer, Bedell Cristin (Mauritius) Partnership Thabisio van den Bosch, Conway & Partners NV Jan Dash, Liburd and Dash Alvaro Aguilar-Alfu, Lombardi Aguilar Group Simon Mitchell, Mayfair Trust Group Limited Shawna Lake and Idris Fidela Clarke