The foundation can be used as a means to ensure annuities, pensions, for the support of minors, for the education of children, to serve as beneficiary, etc.
Alternative to a will.
A Private Interest Foundation offers a greater level of flexibility and can be employed to avoid circumstances of mandatory heirs who would otherwise receive a percentage of the inheritance.
Alternative to a holding company.
It is possible to own shares and bonds of other entities or corporations with a Private Interest Foundation. This involves a high degree of privacy and can also be used to protect and manage investments in stocks, mutual funds and real estate property.