Having your Dutch foundation managed

Together with the 2005 and 2006 contributions, the present contribution forms the third part of a ‘Dutch foundations manual’. The article sets out how to select an appropriate Dutch Fiduciary Services Office (‘FSO’), elaborates on the criteria to be applied to this selection and provides recommendations with a view to the negotiating and contracting with the FSO. Furthermore, the article also discusses the availability of legal actions which are at the ultimate beneficiary's disposal if the FSO or a manager defaults or commits tort.