The Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM) offer sophisticated legal frameworks for establishing foundations and appointing trustees, catering to the needs of individuals, families, and corporations seeking to manage and protect their assets.
In the DIFC, foundations are popular for estate planning, wealth preservation, and charitable purposes. The DIFC Foundation offers a robust structure under common law principles, allowing founders to create a legal entity that holds assets independently from the founder’s personal estate. The foundation can be used to manage family wealth, ensure succession planning, and protect assets against claims.
Similar to DIFC, the ADGM Foundation offers a modern structure for wealth management, inheritance planning, and philanthropic activities. ADGM’s common law framework provides a flexible and secure environment for creating foundations and appointing trustees.
Both DIFC and ADGM provide comprehensive trustee services, enabling the appointment of professional trustees who are responsible for managing and administering the foundation’s assets according to the founder’s objectives. These services are ideal for those looking to ensure the seamless transition of wealth, safeguard family assets, and achieve long-term financial goals in a secure and regulated environment.
