I would have thought there is a standard solution, a lot of people want to keep web sites active indefinitely, it is a common use case. I feel like setting up my own foundation would be attempting to re-invent the wheel.
Setting up a trust is more common than a foundation. But the concept is similar - you create a legal entity that will use your estate's resources to carry on whatever work you direct it to. You will appoint a trustee to take over the work when you die, and it will all be put together by an attorney into legal documentation that is filed with your local governments.
It will cost you a few thousand dollars for the legal work, and significantly more if you want it to last forever, as you need to fund it with enough money that it will not run out.
But I'm not sure keeping a web site alive forever is actually a common use case. That would be an interesting question to ask your attorney when you hire one.
It will cost you a few thousand dollars for the legal work, and significantly more if you want it to last forever, as you need to fund it with enough money that it will not run out.
But I'm not sure keeping a web site alive forever is actually a common use case. That would be an interesting question to ask your attorney when you hire one.