Trusts vs. Foundations: Which Is Better?

Even if you are not a legal or financial expert, the chances are that you have heard of both trusts and foundations. Both of these are available to private individuals but not everyone can tell the difference between them, let alone know which is the best option. Trusts A trust is a legally binding arrangement created (in lifetime, or on death) by a settlor when assets are placed under the control of a trustee for the benefit of a beneficiary or [...]