A Private Foundation is a fantastic way to run abusiness if you are self employed, foundations are a NFP (Not for Profit) legal entity that has no obligations and are 100% tax exempt. The only function that a foundation has is to operate a bank account with no obligations, it cannot accumulate or purchase assets as a Private Trust can do. A free consult is also include in this package, however please note banks are now making it very hard to open these accounts, please consult before purchasing this product.