Origins of Foundations

A. Verbeke, Origins of Foundations, Estate Planning Journal, 2005, pp. 329-342

8 Pages Posted: 20 Aug 2013

See all articles by Alain Laurent Verbeke

Alain Laurent Verbeke

KU Leuven - Faculty of Law; Harvard Law School; KU Leuven - Faculty of Psychology; Tilburg Law School; Catholic University of Portugal (UCP) - Católica Global School of Law; Greenille Private Client Team @ Deloitte Legal - Lawyers

Date Written: August 18, 2005

Abstract

In this contribution, I will first try to indicate, among the variety of terms and legal concepts, what might be considered a true or real foundation, to be distinguished form its unnatural brothers and sisters. Since foundations cannot engage in commercial activities, one should limit the meaning of the term trust in this contribution to not include commercial trusts. Then three tendencies or evolutions will be briefly captured: personification, privatization and flexibility.

Keywords: Foundations, trust

JEL Classification: K11, K12

Suggested Citation

Verbeke, Alain Laurent P. G., Origins of Foundations (August 18, 2005). A. Verbeke, Origins of Foundations, Estate Planning Journal, 2005, pp. 329-342. Available at SSRN: https://ssrn.com/abstract=2311940

Alain Laurent P. G. Verbeke (Contact Author)

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