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Having a foundation for asset protection offers numerous benefits to individuals and businesses alike. Firstly, it provides a legal shield against potential creditors or legal actions, preventing them from seizing or depleting valuable assets. This safeguard ensures the preservation of wealth for future generations or business continuity. Best Jurisdictions where to set up a foundation are Austria, Barbados, Bahamas, Switzerland, Estonia, Guernsey, Gibraltar, Isle of Man, Jersey, Nevis, Cayman Islands, Liechtenstein, Mauritius, Labuan, Panama, Vanuatu
Having a trust for asset protection offers a multitude of benefits. Firstly, it provides privacy by keeping your assets and their distribution details confidential, unlike a will which becomes a public document. Here are some of the best countries to consider setting up a trust for asset protection: Switzerland, Cayman Islands, Isle of Man, Singapore, New Zealand, Bermuda, Liechtenstein, San Marino.