Canadian Trusts and Panamanian Foundations of Private Interest are generally utilized as juridical vehicles through which a creator can designate a person to hold and administer property for the benefit and enjoyment of a beneficiary. Given the similarity of application of both vehicles, and taking into consideration that they emanate from separate juridical and judicial systems, it is pertinent to analytically compare them. As can be expected, there is a significant number of aspects through which Foundations of Private Interest and a Trusts can be compared. The following comparative analysis will be centered around three aspects: Asset ownership, creation mechanisms and the requirement of properly identifying beneficiaries. Preceding the aforementioned comparative analysis, a presentation and description of both legal vehicles will be provided in order to make the comparative analysis comprehensible and hopefully useful.

Canadian Trusts and Panamanian Foundations of Private Interest are generally utilized as juridical vehicles through which a creator can designate a person to hold and administer property for the benefit and enjoyment of a beneficiary. Given the similarity of application of both vehicles, and taking into consideration that they emanate from separate juridical and judicial systems, it is pertinent to analytically compare them. As can be expected, there is a significant number of aspects through which Foundations of Private Interest and a Trusts can be compared. The following comparative analysis will be centered around three aspects: Asset ownership, creation mechanisms and the requirement of properly identifying beneficiaries. Preceding the aforementioned comparative analysis, a presentation and description of both legal vehicles will be provided in order to make the comparative analysis comprehensible and hopefully useful.