Panama in June 1995 approved the Law 25 "The Private Interest Foundation", opening a new window for the globalized world with lot of opportunities and really exclusive assets protection.  The Private Interest Foundation is an excellent off-shore resource for the protection of assets and their future division among Founder´s heirs.

The Private Interest Foundations are an ideal instrument to be used in term deposits or investment accounts, thanks to the opportunity of choosing the beneficiaries and to our legislation which in accordance with Civil Law does not deal with forced heirs.

The Private Interest Foundation works with the Mixed Foundation and Traditional Foundations at the same time. A foundation is not formed to conduct businesses, it is built to manage and protect its own assets.

Besides, it is a very common practice and useful structure to have a foundation as the owner of an offshore corporation, the profits of the corporation are regularly transferred to the foundation, however if the corporation falls into with bankruptcy, it would not affect the foundation at all.