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Private Foundations and Trusts
There are certain similarities between Private Foundations and Trusts due the fact that the foundation council enjoys considerable decision and control powers owner the foundation assets by reason of the lack of ownership of the foundation. This fact creates a requirement of absolute confidence between the client and the foundation council, which is a fundamental similarity of the confidence between the client and the trust company. However, there are substantial distinctions between the Panama Private Foundation and the Panama Trust. To learn more, send us an enquiry!