Private Foundations: Law and Practice by Paolo PanicoPrivate Foundations: Law and Practice by Paolo Panico

Private Foundations: Law and Practice

byPaolo Panico

Hardcover | April 13, 2014

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Private foundations are now offered as an alternative to traditional trusts in a growing number of international financial centres and an increasing number of practitioners - in the relevant jurisdictions and elsewhere - are asked to advise clients who are thinking of protecting their wealthin this way. As more jurisdictions introduce legislation, there is a greater need for practitioners to have a clear understanding of the law underpinning the creation and running of foundations.Written by a leading expert, Private Foundations: Law and Practice is an invaluable resource for anyone advising on or involved in the establishment and maintenance of private foundations. Each chapter discusses a fundamental aspect of private foundation law, with reference throughout to the mostsignificant civil and common law jurisdictions. The author discusses not only the creation and management of private foundations, but also looks carefully at the powers, rights, and liabilities of their founders, officers, and beneficiaries. Every topic is analysed with reference to the legislationand case law of a number of key civil law jurisdictions (Liechtenstein, Austria, Panama, and Malta) as well as to the developing law in selected common law jurisdictions (St Kitts, Bahamas, Anguilla, Belize, Jersey, Guernsey, the Isle of Man, the Seychelles, Mauritius, and the Cook Islands).Offering a rigourous and analytical review of the law relating to private foundations, this book is ideal for anyone involved in this developing area of wealth management.
Paolo Panico is Chairman and Managing Director of Private Trustees S.A., an independent trust and corporate service provider with registered office in Luxembourg and a branch in Geneva. He has an academic background and has taught in some Italian Universities (Milan 'Bocconi', Bergamo, Modena, and Sassari). He is currently an adjunct...
Title:Private Foundations: Law and PracticeFormat:HardcoverDimensions:432 pages, 9.69 × 6.73 × 0.03 inPublished:April 13, 2014Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199646198

ISBN - 13:9780199646197

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Table of Contents

1. Introduction: the making of private foundations2. The Founder3. Foundation Council and Management Bodies4. The Beneficiaries and their Right to Information5. Protectors and Supervisory Bodies6. Forced Heirship and Asset Protection7. Private Purpose Foundations