Trusts and Foundations |
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Trusts Entrepreneurs and high net worth investors require Healy Consultants' assistance with the migration of their assets into an offshore trust. Thereafter, our Clients no longer own the assets, thus minimising international taxation and optimising asset protection. |
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Foundations |
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Types of Foundations |
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An Independent Foundation is where the funds are derived from an individual or a family, and is the most common type of private foundation. This type of Foundation Set Up may be administered by the donor or members of the donor's family, or by an independent board, making it one of the easiest Foundation Set Ups because of the minimal number of people involved in its operation. |
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A Corporate Foundation is formed and funded by corporations, but is a separate legal entity which has a Board of Directors usually made up of officials from the corporation. A corporation may embark on Foundation Set Up with endowments or from periodic contributions from profits, or both. |
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An Operating Foundation has prime objectives of research, welfare, or other programs stated in its governing body. Most of the funds go towards these primary activities, though grants can be made to pursuits outside the primary activities. |
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Contact Us For more information on trusts and foundations, please email email@healyconsultants.com or call us in Singapore at (+65) 6735 0120. |
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