What should I look out for when setting up my own foundation?

A foundation can be established either while you are still alive or in a will or inheritance agreement. Many founders set up their foundations while they are still alive and endow it with the minimum amount of CHF 50,000. They then top up the foundation’s capital each year. This allows them to shape their foundation over the long term and monitor it to ensure that everything is done in line with their wishes.

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