Foo foo{}; init(*(Bar *)foo);
is UB in most cases (alignment aside, if Bar is not unsigned char, char, std::byte or a base class of Foo). This is obvious why, Foo and Bar may have constructors and destructors. You should use construct_at if you mean to;
For implicit-lifetimes types (iirc types with trivial default constructors (or are aggregates) plus trivial destructors), you can use memcpy, bit_cast and soon std::start_lifetime_as (to get a pointer) when it is implemented.
If I'm not mistaken, in C, the lifetime rules are more or less equivalent to implicitly using C++'s start_lifetime_as
