The Independent Spouse, Partner or the Young Adult
- Allow he or she more control and independence over the Mapato income generated
- Encourage learning and decision making on how to handle the income ie. spend it, invest it, etc.
- Independently learn how to deal with money without constantly having to ask for financial assistance
- Mapato may be set up in your name or trust name
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Foundations or Charitable Trusts
If you have a Foundation or Charitable Trust there are various requirements regarding the cash you must either give away or take as income in order to maintain the IRS status.
- Keep the core intact while allowing for a constant flow of cash
- Help Foundation participants, often family members, learn how to best distribute the fixed amount of annual income
- Prepare participants in how to handle over solicitation from charities looking for large gifts that might invade the core
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